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QuadrigaCX founder's widow to help pay back clients of defunct cryptocurrency exchange

From cbc.ca

The widow of QuadrigaCX founder Gerald Cotten has agreed to surrender the contents of his estate and the "vast majority" of her own assets to pay back the company's jilted clients. The online cryptocurrency exchange collapsed in January 2019 after Cotten's sudden death in December, from complications of Crohn's disease, while on his honeymoon trip to India. A total of 76,319 unsecured creditors — virtually all of them QuadrigaCX clients — came forward to claim they were owed $214.6 million. Cotten died with sole knowledge of passwords used to encrypt "cold wallets" — offline storage devices — of various ... (full story)

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