The mystery of the disappearance of millions of dollars in virtual currency

The mystery of the disappearance of millions of dollars in virtual currency
Abstract

An attempt to rescue millions of cryptocurrency has been troublesome since a man's wallet after his death. This electronic wallet has been empty.

7 12 19

An attempt to rescue millions of cryptocurrency has been troublesome since a man's wallet after his death.

This electronic wallet has been empty.

Such a discovery was made by a company that was named after the death of Gerald Cotton, co-founder of the Quadrigas Siax Company, who is responsible for overseeing the company.

Gerald Cotton, the founder of the virtual currency exchange company Quadriga-SIX, died in India last December. He did not leave anyone in his virtual wallet codes, and he was the only one who had access to these funds.

In the digital bag, it was expected that $ 137 million would have been invested by customers.

The key to unlocking this wallet was Mr. Cotton's laptop, but he did not have a password to anyone other than himself.

Most of the digital money that customers invested through currency swaps would have to be kept in a locker room to avoid being hijacked.

About a hundred and fifty thousand currency exchange users in this company have personal accounts.



Mr Coot's death forced the company to check Ernest & Young's account for his account.

Inspectors were able to reach the laptop, but it turned out that the electronic wallet had been empty months before his death.

Inspectors say they do not know what's going on over this virtual currency.

However, they said there was some evidence that Mr. Cotton had 14 other accounts that were "out of the ordinary" and may have been used by them for trading and financial transfers.

Ernst & Young is now trying to collect information on this issue to see if they can track the amount of virtual money transferred from these accounts.

The company has set a reward of $ 100,000 for information on this matter.


Source: bbc

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