Creditors want to exhume body of cryptocurrency boss who died with passwords

Dec 16, 2019👎Bearish

Lawyers representing users of the collapsed QuadrigaCX cryptocurrency exchange want Canadian authorities to exhume the body of the company's founder amid ongoing controversy over the firm's demise.

Gerald Cotten, the 30-year-old founder of QuadrigaCX, died in India on Dec. 9, 2018, due to complications from Crohn’s disease. Cotten's death left customers unable to access more than $160 million in funds and controversy still swirls around the company and its founder.

Citing data from Quadriga’s database, Ernst & Young reported that, at the time of its bankruptcy filing, the company owed 214.6 million Canadian dollars ($163 million) to its customers.

Ernst & Young reported that 33 million Canadian dollars ($25 million) owed to customers has been recovered.

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