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This is a story that poses another great challenge to the crypto world:
- how can the exchange users protect themselves in the event that the exchanges owners die?
Gerald Cotten, the recently deceased CEO of major Canadian crypto exchange QuadrigaCX, had filed a will 12 days before his death, Bloomberg writes Tuesday, Feb. 5.
According to the documents obtained by Bloomberg, Cotten signed his last will and testament on Nov. 27, 2018. He mentioned his wife, Jennifer Robertson, as the only beneficiary and the executor to his estate.
Bloomberg has learned that Robertson will inherit several properties in Nova Scotia, where the couple lived, and in Kelowna, British Columbia, as well as a Lexus, a Jeanneau 51 yacht, an airplane and his two pet chihuahuas.
CEO of Canadian Crypto Exchange QuadrigaCX Filed Will 12 Days Before Deathif he did, then he knew he was going to die, so why did not he also take steps to ensure that his clients would not be harmed by his death?