SIGforum
$190 million gone forever?
February 05, 2019, 07:20 AM
ronin11$190 million gone forever?
Bosco?
February 05, 2019, 09:00 AM
old rugged crossAnyone who dabbles in this stuff is nuts. Why would ya?
"Practice like you want to play in the game"
February 05, 2019, 09:21 AM
PatenIt depends. If I could've bought $50 worth of bitcoin when it was at .0003¢ and sell it ten years later for hundreds of millions, I think I'd like to do that. Barring that, I wouldn't be interested in doing it.
February 05, 2019, 09:32 AM
kz1000quote:
Originally posted by ronin11:
Bosco?
That's where he kept his card his dirty little secret Short devious balding his name was Costanza He killed my mother.
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"Yidn, shreibt un fershreibt"
"The Nazis entered this war under the rather childish delusion that they were going to bomb everyone else, and nobody was going to bomb them. At Rotterdam, London, Warsaw and half a hundred other places, they put their rather naive theory into operation. They sowed the wind, and now they are going to reap the whirlwind."
-Bomber Harris
February 05, 2019, 10:01 AM
bubbatimeYeah I'm guessing that the wife will be living in a mansion in a few years, adorned with the most expensive handbags/shoes/jewelry, and will be taking monthly vacations to Bali, Bora Bora, etc.
Who the hell dies INSTANTANEOUSLY from Crohn's, without a few hours to tidy up affairs?
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Often times a very small man can cast a very large shadow
February 05, 2019, 11:01 AM
jhe888quote:
Originally posted by bubbatime:
Yeah I'm guessing that the wife will be living in a mansion in a few years, adorned with the most expensive handbags/shoes/jewelry, and will be taking monthly vacations to Bali, Bora Bora, etc.
Who the hell dies INSTANTANEOUSLY from Crohn's, without a few hours to tidy up affairs?
And that won't be at all obvious, and no one would investigate how she came into that money?
Again, any store of value can vanish. Even gold can be hidden or lost. It is easier with a cryptocurrency, but this is not something new.
The fish is mute, expressionless. The fish doesn't think because the fish knows everything. February 05, 2019, 11:39 AM
sdy https://www.cbc.ca/news/canada...bankruptcy-1.5006164One of Canada's largest cryptocurrency exchanges is in Nova Scotia Supreme Court today seeking creditor protection, following the reported sudden death of its 30-year-old founder, Gerald Cotten.
Lawyer Maurice Chiasson, who is representing Vancouver-based QuadrigaCX, requested a 30-day stay of proceedings before Judge Michael Wood in a bid to stop any lawsuits from proceeding against the company at this point.
The company wants time to search for roughly $250 million Cdn in assets left inaccessible after Cotten's death. His widow said he died suddenly in India due to complications from Crohn's disease on Dec. 9 while opening an orphanage. The couple owned a home outside Halifax.
The death of the company's CEO and sole director has left roughly 115,000 users without their funds. Lawyers for some of the affected users were in the Halifax court today.
Court filings show that some have very large balances,
with the largest affected user claim reportedly valued at approximately $70 million .
QuadrigaCX employees say the only way to access much of the cash was lost when Cotten died.
Cotten was apparently the only person with the recovery code to access the currency held in secure "cold wallets" — where the company kept much of its customers' money.
"With a cold storage wallet, it's completely offline. It's not connected to the servers or the infrastructure set up by the exchange. It's usually a physical device that you would plug into a computer and requires a button to be pressed and it might need a password," Quadriga customer Elvis Cavalic told CBC's As It Happens.
It appears the way to access the cold wallets was not left behind with Cotten's wife, the executor of his estate, Cavalic said.
Cotten's encrypted laptop will be given to lawyers acting for the creditors and will be eventually given to a court-appointed monitor.
Lawyers for Quadriga said in court on Tuesday they are considering a possible sale of the company to satisfy debts.
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sounds quite suspicious. How much does a death certificate cost in India ?
a more detailed article:
https://www.coindesk.com/quadr...or-protection-filing"Users have been complaining about withdrawal issues and a lack of communication from QuadrigaCX’s team for months, with concerns exacerbated earlier this week when the website went down entirely for maintenance."
February 05, 2019, 11:53 AM
pbslingerDeath certificate signed by Dr Bombay.
February 05, 2019, 12:02 PM
BBMWCremated, with his ashes scattered on the Ganges.
February 05, 2019, 12:06 PM
LS1 GTOquote:
Originally posted by pbslinger:
Death certificate signed by Dr Bombay.
And the body cremated less than three hours later?
Kind off related; the cold storage wallets sound akin top the devices found in Timberlake's movie, In Time.
Life moves pretty fast. If you don't stop and look around once in a while, you could miss it.
"If dogs don't go to Heaven, I want to go where they go" Will Rogers
The definition of the words we used, carry a meaning of their own...
February 05, 2019, 12:13 PM
sdydeath certificate here:
https://www.coindesk.com/india...nge-quadrigacx-deathunder name "Cottan"
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Gerald Cotten marries Robertson Oct 2018
27 Nov 2018, Cotten signs a will naming Robertson as executor
9 Dec 2018, Cotten dies in India
https://davidgerard.co.uk/bloc...what-we-know-so-far/nothing to see here, move along
February 06, 2019, 10:36 AM
sdy https://www.indiatoday.in/busi...s-1449538-2019-02-06In December 2013, Gerald William Cotten launched QuadrigaCX, a crytocurrency exchange where people could trade in digital currency using real or virtual money
For the past few months, QuadrigaCX ran into legal troubles because of which its customers faced problems accessing their money
By early December, it looked like QuadrigaCX's troubles were over. In a Facebook post on December 4, the crypto exchange said that certain funds that were held because of its legal problems were being released.
"Now that we can put this situation behind us, we look forward to focusing on improving our services and offering a better cryptocurrency trading experience for Canadians," the company said in its post.
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let's rebuild the timeline
customers can't access their money
Oct 2018 Gerald Cotton marries Jennifer Robertson
27 Nov 2018 Cotten signs a will naming Robertson as executor
4 Dec 2018 QuadrigaCX puts on Facebook that it's problems are over
9 Dec 2018 Cotten dies in India
2 Jan 2019 Will was probated
31 Jan 2019 Robertson files an affidavit that the bulk of the money was held in "cold storage", but she can't find the password
February 06, 2019, 12:59 PM
Chris OrndorffWingedMedic, please shoot me an email; have a question. Thanks.
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