Before I address the rumors about the CEO of the QuadrigaCX exchange, I want to say that throwing around allegations of things like fake deaths is something that should not be done lightly.
However the facts that are now coming to light about this whole debacle I believe are worthy of being questioned and considered.
VIEW VIDEO HERE
Here are a few that I’ve come across:
- He travels to India to help with an orphanage while his exchange is hit with rough times financially. Not exactly the time to step away from the office and travel half way around the globe to a place that doesn’t facilitate easy communications to deal with the problems said business.
- He died in an area known for issuing fake death certificates.
- He got married and established a will less than a month before his death.
- He allocated $100k to his dogs for their well being in the case of his death.
- He failed to take necessary precautions for securing the wallets of the users of his exchange. This in itself is an astounding thing to overlook, but combined with the efforts he took to take care of his dogs (nothing against dogs, I love those little guys.) it’s a bit unbelievable that he would innocently forget to do this.
- His business partner is now known to be using a fake name and has a past that includes credit card fraud and identity fraud.
In addition to all of this, many are speculating that the Quadriga exchange wasn’t actually holding the cryptocurrencies they were claiming to have.
Instead it is thought that many users who experienced delays in their withdrawals were really waiting for other users to make deposits, which the exchange turned around and used to pay out those wanting to take out funds.
Some believe this was one elaborate, yet poorly planned exit scam.
What do you think? Leave your thoughts in the comments down below.
Additional Reading/Links:
Quadriga Press Release
CEO Fakes Death?
Quadriga Never Held $100M in Crypto
QuadrigaCX Operated by Scammer
Cotton’s Will Drawn Days Before Death