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<p>[QUOTE=&quot;Clawcoins, post: 3350560, member: 77814&quot;]well ... oops</p><p><br /></p><p>excerpt (link below)</p><p>... the passing of Quadriga CX Chief Executive Officer Gerald Cotten, who died Dec. 9 in India from complications of Crohn’s disease. He was 30.</p><p><br /></p><p>Cotten was always conscious about security -- the laptop, email addresses and messaging system he used to run the 5-year-old business were encrypted, according to an affidavit from his widow,... He took sole responsibility for the handling of funds and coins and the banking and accounting side of the business and, to avoid being hacked, moved the &quot;majority&quot; of digital coins into cold storage.</p><p><br /></p><p>His security measures are understandable. Virtual currency exchanges <a href="https://www.bloomberg.com/news/articles/2018-09-19/tech-bureau-says-6-7b-yen-in-cryptocurrency-lost-in-zaif-hack" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.bloomberg.com/news/articles/2018-09-19/tech-bureau-says-6-7b-yen-in-cryptocurrency-lost-in-zaif-hack" rel="nofollow">suffered</a> at least five major attacks last year. Japan, home to some of the world’s most active digital-asset exchanges, has also hosted two of the biggest known crypto hacks: the Mt. Gox debacle of 2014 and the theft of nearly $500 million in digital tokens from Coincheck Inc. last January.</p><p><br /></p><p>The problem is, ... can’t find his passwords or any business records for the company. Experts brought in to try to hack into Cotten’s other computers and mobile phone met with only &quot;limited success&quot; and attempts to circumvent an encrypted USB key have been foiled ...</p><p><br /></p><p><a href="https://www.bloomberg.com/news/articles/2019-02-04/crypto-exchange-founder-dies-leaves-behind-200-million-problem" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.bloomberg.com/news/articles/2019-02-04/crypto-exchange-founder-dies-leaves-behind-200-million-problem" rel="nofollow">https://www.bloomberg.com/news/articles/2019-02-04/crypto-exchange-founder-dies-leaves-behind-200-million-problem</a>[/QUOTE]</p><p><br /></p>

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