photo:google images

Investors are facing many diffculties and insecurity with the incident of uncertains demise of CEO of a company in Canada with a loss of $135m. It is being told that the death of Christopher Frauder and CEO Gerald Cotten of Quadriga Firms happened in December. Nobody knows the password set for this currency. Not even his wife and other than the Parsec Gerald about unlocking it. Many experts also tried to unlock it but all failed. In this situation , Tens of thousands of Quadriga CX users worried about the possibility of recovering their funds again.

In fact, the Quadriga company has filed an application for credit projections in the court regarding this matter. Cotten's wife, Jennifer Robertson, filed a petition in the court and has approached the court seeking the help of the investors so that they can be saved after the matter was made public. It has been also reported that in the court that this unexpected lock has affected the company's 1.15 million users. At the time of the company's CEO died Gerald Quetan, he was on a visit to India. Cotten was only 31 years old. They used to work for orphans and because of this, he wanted to open an orphanage in India too.

(The contents of this article is based on the reporting google newsfeed)