Canadian cryptocurrency landscape must change after Gerald Cotten’s death - News Summed Up

Canadian cryptocurrency landscape must change after Gerald Cotten’s death


Gerald Cotten, the Canadian behind cryptocurrency exchange Quadriga CX, filed a will 12 days before his death listing substantial assets, according to court documents. The saga, unfolding now in court, will likely spark government reaction and be remembered as a turning point for cryptocurrency in Canada. Twelve days before Cotten’s death, the man made a detailed will, including money for his Chihuahua dogs — how did he neglect his laptop password? In Canada, regulation is currently light. Quadriga’s official story actually demonstrates how secure cryptocurrency is — it is so secure that nobody can access the money.


Source: thestar February 08, 2019 18:11 UTC



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