Millions in cryptocurrencies frozen after Canadian founder's death

By on
Millions in cryptocurrencies frozen after Canadian founder's death

Coins in cold storage.

About C$180 million (A$190.5 million) in cryptocurrencies have been frozen in the user accounts of Canadian digital platform Quadriga after the founder, the only person with the password to gain access, died suddenly in December. Gerald Cotten died aged 30 from complications with Crohn's ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
bitcoincryptocryptocurrencyfinancefinanceit

Sponsored Whitepapers

Responding To Industry Trends And Our 5m+ Users
Responding To Industry Trends And Our 5m+ Users
The Future of Digital Identity in Government
The Future of Digital Identity in Government
Secure Public Services for Every Australian
Secure Public Services for Every Australian
7½ Questions for Aged Care's Digital Decisions
7½ Questions for Aged Care's Digital Decisions
Creating the Sustainable IT Department
Creating the Sustainable IT Department

Most Read Articles

Commonwealth Bank systems hit by hours-long outage

Commonwealth Bank systems hit by hours-long outage
NAB loses personal banking and digital CIO

NAB loses personal banking and digital CIO
CBA assures tech foundations are sound despite outage

CBA assures tech foundations are sound despite outage
Perpetual 'extended outage' caused by security incident at third-party

Perpetual 'extended outage' caused by security incident at third-party

Digital Nation

How eBay uses interaction analytics to improve CX
How eBay uses interaction analytics to improve CX
Health tech startup Kismet raises $4m in pre-seed funding
Health tech startup Kismet raises $4m in pre-seed funding
More than half of loyalty members concerned about their data
More than half of loyalty members concerned about their data
DeepAI founder on the risks of artificial intelligence
DeepAI founder on the risks of artificial intelligence
COVER STORY: The opportunities and risks of cybersecurity insurance in Australia
COVER STORY: The opportunities and risks of cybersecurity insurance in Australia

Log In

  |  Forgot your password?