Cotton was the co-founder and CEO of Quadiga when he died from complications associated with Crohn's Disease while in India. He was the only one with access to where the accounts are stored. Much of the currency is stored in offline accounts called “cold wallets,” which are designed to protect against hacking. Despite efforts to access the information and attempts to hack the account, the assets remain locked.
Quadriga CEO’s Death Yields Questions Over Fate of $145M in Assets
Canadian entrepreneur Gerald Cotton’s death has caused confusion over the fate of $145 million worth of cryptocurrencies stored on Quadriga, the country’s largest exchange. So reports CNN.
