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$190M missing after crypto exchange Quadriga CEO dies

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

#61

Earlier quoted context omitted.

That's the joke: it's super easy to fake a death certificate in India.

Thanks for the clarification. English not being my first language, I find it difficult to catch jokes if they're worded that way.

As a native English speaker it still is ambiguous to me

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

#62
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…

Not true. Things have improved vastly in the health administration sector, especially when it comes to records. Corruption is indeed rampant but I think most Indians themselves have a very Bollywood-y idea about how things happen outside of their circle. So for a foreign official, outright faking it would be tough, until its somewhere deep in the rural parts (with little connection to the outside world). I think its more plausible that he committed suicide and the records are being altered, not faked.

Source: I have family working in this sector. Shit is difficult, especially if you are a foreign personal.

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

#63
post #39

Earlier quoted context omitted.

https://en.wikipedia.org/wiki/Medical_tourism_in_India "India is cost-effectiveness, and treatment from accredited facilities at par with developed countries at much lower cost."

But will a Canadian that’s unfamiliar with the country be able to find it? (Serious question, I have no idea what the answer is).

It's really easy to find hospitals in India, just google 'hospitals around me' or use the phone number '102' to call an ambulance from any place. Usually, doctors are very comfortable talking in English. I'm from India and most of my conversations with doctors happen in English.

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

#64
post #19
post #13

Yet another aspect of crypto's long term ignored consequences come to light. i haven't seen ANY possible solution for transfer of crypto after original owner's death. even ethereum doesn't have this simple ability inbuilt(which you'd think would be obvious). this basic question gets downvoted on any forum you'd think of - husband/wife has large amount of money in crypto, they die due to unforeseen circumstances(or ev…

That's like saying cryptography is faulty since if someone encrypted an important document and threw away the key, it would be irrecoverable. That's the point. As for solutions, there are many: use a multi-sig contract with several owners (like a spouse and/or lawyer), or simply leave the seed phrase to be released in your will. The proposed solutions that "may or may not work" are easy to test, I'm not really sure w…

what happens when your fancy multi-sig contract is disputed by non-technical folk and the matter goes to court? court could easily throw all that shit out and say the crypto goes to your first wife instead. no guarantee that it will work at all.

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

#65
post #13

Yet another aspect of crypto's long term ignored consequences come to light. i haven't seen ANY possible solution for transfer of crypto after original owner's death. even ethereum doesn't have this simple ability inbuilt(which you'd think would be obvious). this basic question gets downvoted on any forum you'd think of - husband/wife has large amount of money in crypto, they die due to unforeseen circumstances(or ev…

https://www.amazon.com/Cryptoasset-Inheritance-Planning-Simp... Haven’t read it; I just googled “crypto estate planning” (which google had an autocomplete for).

8 customer reviews, not even the top 200 when you search within the estate planning section...nice, i'm sure lots of people have read this

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

#66
post #41
post #11

Earlier quoted context omitted.

I am from India and trust me, finding a public toilet is more difficult than faking a death certificate

Can you easily buy a new identity and passport though?

Death certificate is issued by local authorities, so easier to bribe. But valid Passport will be hard to get.

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

#70
post #11
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…

I am from India and trust me, finding a public toilet is more difficult than faking a death certificate

i don’t like talking about this in public due to the safety risk, but it’s also very easy in the united stages. you just need paper pen, white out and a fax machine. most death certificates are easily available online. perhaps i restored some of your faith in humanity. Deading someone isn’t more common
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