Mysterious Demise of CryptoCurrency CEO in Jaipur left Rs.1000 Crore in Digital Currency dangled
Gerald William Cotten,
the founder & CEO of Canadian CryptoCurrency Firm QuadrigaCX died in Jaipur
last month of cardiac arrest. His mysterious & sudden demise has
intensified the possibility that digital currency worth Rs.1000 Crore may be
wiped away from the world.
The CryptoCurrency based
startup founded by Gerald William Cotten is no longer operational, however the
invented virtual currency has supposedly been considered secure. Gerald
launched QuadrigaCX, a Crypto Exchange Firm in December 2013 enabling people to
trade in digital currency by making the use of real or virtual money.
The Canadian
CryptoCurrency firm CEO is now dead & it is evident that passwords that
could have served as a master key to CryptoCurrency of Rs.1000 Crore have been
buried along with the body of Gerald. There are odds that this CryptoCurrency
may never again be recovered.
Insight
into Cotten’s Arrival in Jaipur & Sudden Demise
According to the
reports, QuadrigaCX plunged into some legal troubles in past few months, which restricted
the customers from accessing their money, whether real or virtual. However, the
situations began to turn in favor of QuadrigaCX by early December. A Facebook
Post from Crypto Exchange on 4thDecember 2018 quoted that certain
funds held due to legal issues were being released.
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