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Investors Locked Out Of Crypto Exchange After CEO Death

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Investors Locked Out Of Crypto Exchange After CEO Death

Investors Locked Out Of Crypto Exchange After CEO Death

According to Digital Trends, the death of a CEO has left investors looked out of their crypto wallets.

Investors on the crypto-exchange QuadrigaCX lost access to their digital currency after the founder, Gerald Cotten, unexpectedly died.

But only Cotten had a password required to access their accounts, which means his death effectively cut access to the exchange.

The Canadian crypto exchange safely stored investor data, including cryptocurrency, offline to best protect it from hackers.

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