One year ago, Quadriga CEO Gerald Cotten reportedly died in Jaipur, India, leaving behind more than $145 million in clients’ cryptocurrency locked away in cold storage wallets with no way to retrieve those funds. This raised more than a few eyebrows, with many skeptics accusing Cotten of faking his own death and running off with the money while throwing Quadriga – and 115,000 clients – under the bus.
Now cryptocurrency exchange Kraken is offering a $100,000 reward to anyone who can provide the “best clue” that leads to the return of the missing crypto, now worth more than $190 million.
About a month ago, on January 26, QuadrigaCX (a Canadian-based crypto exchange with clients around the world) suspended operations. Seven weeks prior, their CEO passed away suddenly and unexpectedly, leaving the business without a continuity plan. Supposedly, he was the only person who knew the location of and/or could access the client funds (fiat and crypto) totaling approximately $190 million US dollars (belonging to 115,000 clients). Some say the events and circumstances surrounding this case are too suspicious to be believed.
Kraken wants to bring awareness and attention to this case, in hopes that we can help discover some or all of the missing client funds.The Kraken Team
For more information about Kraken’s reward, or to submit a tip, visit:
QuadrigaCX Case Tips for Law Enforcement Investigation