Canadian crypto exchange QuadrigaCX says it cannot repay most of $190 million in client holdings after its 30-year-old founder Gerald Cotten, the only person who knew the passwords to its “cold storage,” unexpectedly died in India in December 2018, Coindesk reported on Friday.
Source: Gizmodo – Crypto Exchange Says It Can’t Repay 0 Million to Clients After Founder Dies With Only Password