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Sunday 3 February 2019

Crypto Exchange Says It Can't Repay $190 Million to Clients After Founder Dies With Only Password

Canadian crypto exchange QuadrigaCX says it cannot repay most of $190 million in client holdings after its 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.

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