$190M missing after crypto exchange Quadriga CEO dies

#1

Post by scosman » Sat, Feb 02, 2019, 4:11 AM UTC

$190M missing after crypto exchange Quadriga CEO dies
theglobeandmail.com

Re: $190M missing after crypto exchange Quadriga CEO dies

#2

Post by Torn » Sat, Feb 02, 2019, 5:15 AM UTC

Full text: https://outline.com/nVDP65

Re: $190M missing after crypto exchange Quadriga CEO dies

#3

Post by seibelj » Sat, Feb 02, 2019, 5:23 AM UTC

Edit - This is a conspiracy theory but it doesn’t mean it’s totally crazy - there is a good chance this “dead” CEO is still alive.

Very shortly before his death he got his affairs in order and flew to India. Then it’s reported he died along with a death certificate from India. Now they can’t find $200mil in crypto and are not reporting the cold storage addresses.

Would not surprise me if there has been massive fraud here, whether the CEO is alive or not. Everything is too convenient.

If you want to read posts from many sad and pissed off people, their subreddit is full of them https://www.reddit.com/r/QuadrigaCX

Re: $190M missing after crypto exchange Quadriga CEO dies

#4

Post by seizethecheese » Sat, Feb 02, 2019, 5:25 AM UTC

seibelj wrote: post #3

Edit - This is a conspiracy theory but it doesn’t mean it’s totally crazy - there is a good chance this “dead” CEO is still alive. Very shortly before his death he got his affairs in order and flew to India. Then it’s reported he died along with a death certificate from India. Now they can’t find $200mil in crypto and are not reporting the cold storage addresses. Would not surprise me if there has been massive fraud…

Well, it is a conspiracy theory, but not all conspiracy theories are wrong...

Re: $190M missing after crypto exchange Quadriga CEO dies

#5

Post by warent » Sat, Feb 02, 2019, 5:26 AM UTC

seibelj wrote: post #3

Edit - This is a conspiracy theory but it doesn’t mean it’s totally crazy - there is a good chance this “dead” CEO is still alive. Very shortly before his death he got his affairs in order and flew to India. Then it’s reported he died along with a death certificate from India. Now they can’t find $200mil in crypto and are not reporting the cold storage addresses. Would not surprise me if there has been massive fraud…

Well strictly speaking it is a conspiracy theory but not an unreasonable one.

Re: $190M missing after crypto exchange Quadriga CEO dies

#6

Post by mrtnmcc » Sat, Feb 02, 2019, 5:28 AM UTC

seibelj wrote: post #3

Edit - This is a conspiracy theory but it doesn’t mean it’s totally crazy - there is a good chance this “dead” CEO is still alive. Very shortly before his death he got his affairs in order and flew to India. Then it’s reported he died along with a death certificate from India. Now they can’t find $200mil in crypto and are not reporting the cold storage addresses. Would not surprise me if there has been massive fraud…

Cold storage addresses.. you mean the morgue?

Re: $190M missing after crypto exchange Quadriga CEO dies

#7

Post by whoisjuan » Sat, Feb 02, 2019, 5:33 AM UTC

seibelj wrote: post #3

Edit - This is a conspiracy theory but it doesn’t mean it’s totally crazy - there is a good chance this “dead” CEO is still alive. Very shortly before his death he got his affairs in order and flew to India. Then it’s reported he died along with a death certificate from India. Now they can’t find $200mil in crypto and are not reporting the cold storage addresses. Would not surprise me if there has been massive fraud…

Also, to feed the conspiracy theory that this is a fraud:

They are claiming he died from Chron’s disease which is highly unlikely.

It seems like a plausible deniability move. He probably has Chron’s disease and that can be easily proven through his medical history.

Also is easier to tie that, to a story in which he couldn’t get the right treatment for his Chron’s disease complications abroad.

Re: $190M missing after crypto exchange Quadriga CEO dies

#8

Post by gammateam » Sat, Feb 02, 2019, 5:36 AM UTC

warent wrote: post #5

seibelj wrote: post #3

Edit - This is a conspiracy theory but it doesn’t mean it’s totally crazy - there is a good chance this “dead” CEO is still alive. Very shortly before his death he got his affairs in order and flew to India. Then it’s reported he died along with a death certificate from India. Now they can’t find $200mil in crypto and are not reporting the cold storage addresses. Would not surprise me if there has been massive fraud…

Well strictly speaking it is a conspiracy theory but not an unreasonable one.

Yes the exchange participating in not disclosing cold storage addresses would make it a conspiracy

Re: $190M missing after crypto exchange Quadriga CEO dies

#9

Post by seibelj » Sat, Feb 02, 2019, 5:38 AM UTC

mrtnmcc wrote: post #6

seibelj wrote: post #3

Edit - This is a conspiracy theory but it doesn’t mean it’s totally crazy - there is a good chance this “dead” CEO is still alive. Very shortly before his death he got his affairs in order and flew to India. Then it’s reported he died along with a death certificate from India. Now they can’t find $200mil in crypto and are not reporting the cold storage addresses. Would not surprise me if there has been massive fraud…

Cold storage addresses.. you mean the morgue?

I know this is meant as humor, but if they reported the public cold storage addresses then analysis could be done on movements and timelines.

I’m quite confident the lawyers will get to the bottom of this.

Re: $190M missing after crypto exchange Quadriga CEO dies

#10

Post by gammateam » Sat, Feb 02, 2019, 5:39 AM UTC

The 2017 FOMOers need a couple more of these

Everyone wanting to pretend to be Wolf of Wall Street and brag about not understanding technology but making a ton of money trading it? This is easily avoidable by all parties and their ignorance is catching up to them