Re: UNIONBANK LAUNCHES THE FIRST CRYPTO ATM in the PHILIPPINES!!
Mga kabayan, nabalitaan niyo ba ung sa canada, clients ng QuadrigaCX(canadas largest cryptocurrency exchange) are panicking over $250 million dollars in frozen assets after the death of the companys CEO, Gerald Cotten. Lahat ng accounts nila nafrozen. Malaki daw chance na hindi na mabawi and money nila. Sabi nung iba baka daw exit scam un. Try niyo isearch si gerald cotten. He is just 30 years old. Hopefully unionbank will be good in this kind of industry.
You post caught my attention so I decided to make a small research for this issue. I found out that Cotten died in India and there's a death certificate issued by Indian government so there is no chance that it is an exit scam because they have a clear and strong evidence. Hmm, I guess the reason regarding the frozen asstes which which came up to this controversy is this,
Quote
Then came last weeks revelation that QuadrigaCX owes more than $100 million worth of cryptocurrency to its customers but is unable to repay because Cotten had sole control of the private keys connected to those funds. Robertson said in court filings that while she is in possession of Cottens laptop, it is encrypted and is currently inaccessible.
How unfortunate for QuadrigaCX customers
.