Cryptocurrency investors ‘locked out’ after exchange founder dies

Around £105 million in digital currency cannot be accessed because no-one knows the password

Millions of dollars worth of cryptocurrency ‘lost’ after exchange founder dies
(Image credit: 2017 Getty Images)

Canada’s largest cryptocurrency exchange has been locked, denying access to millions of pounds worth of investments, because only the deceased founder had the password, according to documents filed in court.

The QuadrigaCX exchange has effectively been out of action since 30-year-old founder Gerald Cotten died unexpectedly on a trip to India from complications of Crohn’s disease in December.

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