Gizmodo/Tom McKay
“In a sworn affidavit with the Nova Scotia Supreme Court, widow Jennifer Robertson said that QuadrigaCX owes its customers some $190 million in both cryptocurrency and fiat money. QuadrigaCX has filed for creditor protection because it says it cannot access the funds stored in ‘cold storage,’ just the comparatively smaller amount in a ‘hot wallet’ used for transfers. . .”
USAGOLD note: The mysterious circumstances surrounding this lock-down of customer bitcoin assets speak volumes about the risks involved in crypto-currency ownership – still touted in some quarters as a replacement for gold. I will just say that you do not need a password to open a tube of gold British sovereigns or silver American Eagles. Some 115,000 Quadriga customers are affected.
Repost from 2-7-2019
