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Old 05-02-19, 02:30 PM
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Cryptocurrency Exchange Loses $137 Million As Encryption Key is Taken to The Grave

The money was a little too secure in this case...



Read more about QuadrigaCX losing $137 million following their CEO's death.

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Old 05-02-19, 10:56 PM
Emu Emu is offline
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This should never ever happen if you have disaster plans in place. One of the scenarios that a disaster plan should cover how to recover if X (any person in your company) gets hit by a bus. Part of this is that passwords and encryption keys need to be able to be recovered if the "owner" can no longer (or willfully will not) tell you them.
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Old 06-02-19, 10:40 AM
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Yeah, this is something that should never happen. The guy was an idiot to not have a fallback plan in the event of his death.
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Old 06-02-19, 10:46 AM
tgrech tgrech is offline
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I don't think he really cares at this point to be fair.
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Old 06-02-19, 01:32 PM
Bartacus Bartacus is offline
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I don't think he really cares at this point to be fair.
LOL! I almost dumped a mouthful of coffee all over my keyboard when I read that.
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Old 06-02-19, 01:56 PM
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I don't think he really cares at this point to be fair.
Haha, that's a good point. Even so, his colleagues should have made sure something like this never happened.
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Old 06-02-19, 03:22 PM
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I don't think he really cares at this point to be fair.
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Old 06-02-19, 04:03 PM
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AlienALX AlienALX is offline
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Saw this a few days ago. It's nuts. Apparently his family are being spammed with death threats and everything.
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