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Just recently, a news showed how one crypto whale died with his cryptocurrencies worth millions of dollar. No member of the family had access to his private keys and other login details. Are you ready to face the same fate and leave your children or family without having access to your hard earned cryptocurrencies some day to come? Showing your wallet login details to them now can also be risky so what are some of the preparations you are making towards the retrieval of your money when you are gone for life one day?

This is a point i really never look into before, but we do have platform like infinitus where your wallet will be pass down if inactive but the problem with this is that what if your kin are not crypto adopters and does not know how it works how can they receive your assets.

That means if all of your asset will be centralized on the hot wallet and can i consider that as a fase place dude? Remember when you are seeing the fact that just try to safe your amount in the wallet that you have printed out the private key and it much better.

Care to link the source ? or the whale you mention is the owner of QuadrigaCX. Right now I don't have any altcoins in my wallet except for Bitcoin if I have a lot of $$ invested I would leave a long instruction to my loved ones. To avoid the risk of one family member claiming everything you have to create a multi sig address.

In my family there are no problems with this, and everyone knows where they are and how to use cryptocurrency, so I don’t worry about it!

This is something I think about from time to time : a solution could be to register a video containing the basics of crytpo knowledge ( and btw it would be a long one) containing also several links to internet places where they could learn more about thie matter.
And in a separate way providing the private keys/passwords/ligin details and everything is needed to access the crypto but still not sure what form this second package should have.

But due to laziness I still haven't done anything in this direction  :-\

This is the most important part in this question. The biggest problem is not leaving a paper with some keys in a will, but if the people who will receive that will and those keys will know what they have to do with them and if they will know how to avoid being hacked, phishing, or what they will need to do if they have to swap a token.

If you don't leave your private keys to a trusted person before you die, then your assets will be gone with you. And they will remain frozen forever, like many bitcoin in wallets with forgotten  passwords.

There were some project 1-2 years ago working on heritage of crypto assets, but the main obstacle was serious trust point issues like when, how and so on to give your private keys.

This is a problem that has been debated by Cryptocurrency Enthusiasts worldwide, the fact is that most of us cannot even trust a living relative with that kind of secret because they might steal from us while we are still alive.

There is a project that is focusing on stuffs just like this, one of them is VELIC, they are trying to build a vault where even if you lose your keys, your funds can still be recovered... And another is Safe Haven, it is about securing your crypto assets for the next generation using smart contract.

if in my opinion, I will make a copy of the wallet code and important note notes such as my crypto password into the hard drive specifically and give info to my wife or children. or one of the families that can be trusted and understood about the crypto world ..

One of the best ways to securely pass on your hard earned money after your death one day is to split your private keys into three or more and share it to different people who have no communication link and have limited or no knowledge in cryptocurrency. After this, make a will which will call all parties in hold of the private keys to come together. From there, any cryptocurrency expert can withdraw the funds for the family or successor.

I have never thought about this, and my property is not too much and if I have any problems. Maybe all my altcoin will come with me and no one will be able to access it. I also did not intend to share the private key for anyone in the family or friends because it could be exposed to the outside

Yes, I think he is talking about QuadrigaCX. It's sad but I found it doubtful because it's not possible to hold only by one person since it is an exchange. But who knows. Multisig can be and/or can not be a solution in some cases.

Security is needed but everything all has two side. Always should have backup plan and share your secret things to people that you belief the most

Honestly, I don't have crypto assets as people have. But, if someday I have a lot of crypto asset I will consider to put all of my assets on an offline wallet and I will save it the private key on flashdisk and keep it on my secret place in my room then I will tell my family where I hide it.

My family already know how crypto works so I don't need to worry with them if they want to convert it to flat money...

Maybe everyone will have a different opinion. And for me, I certainly haven't thought about this because I'm sure it can still last a long time. A person's life and death must have been arranged and we would just run it. And for now, work optimally and generate profits from Crypto.

One of my relatives and one of my friends already understand everything and know how to use it. If necessary, when accessing my device, they can do whatever they need. I think this is the surest way to preserve your assets just in any case, of course, if you have trust.

It is difficult to talk about life, but death is sometimes sudden.

You’ve got a good point. Maybe as time comes where crypto will be globally accepted then there will be KYC implementation of all the assets inorder to be identified who is the owner and the project founder will just maybe convert and send the funds to the relatives knowing the surname of the token owner.

Yes, this is our risk when we are gone or dead. I personally will save my data on my laptop. And maybe one day my brother or child, I teach about Crypto. So if I'm not there, they can run it.

I never really thought about it.Unfortunately I don't have millions in my wallet, I probably need to tell the access code to someone from my family,someone I trust.Give them a gift.

This are issues that need to be addressed as regards getting access to the private key of a bitcoin holder I trust my wife and I have been trying to educate or teach her how to access crypto wallets and having access to my papered passwords, I am encouraging Cryptos hodlers to entrust their keys to a trusted fellow as way a to avoiding loss of Cryptos in event of any in eventuality.

When anyone is gone, those who were close to him whom he or she trusted enough to know their passwords and wallet keys will take over their tokens but in a situation where no one knows your crypto life details, then you leave your tokens to be gone with you as well.

I have thought about this everytime even before the news came out, although I have my keys both on hard copy and soft copy but my only problem is if my family will know what it is. So I think I will educate them on this and let them know just incase

I participated in this cryptocurrency market with not much money and I am also very happy even if the money is lost but if I join the market with a large amount of money, I will definitely have preparation in advance

If I go forever I will entrust my private key to the son of a brother and I will teach them to take care of the asset and use it well, and will not let anyone know other than what we believe.

Because we do not know the bad fate when it comes, of course there must be a will left for the closest family. It is very risky to immediately give a private key or password without giving any explanation and knowledge about crypto and the markets to them. I trust of my lovely families so I don't want to be selfish and not matter give them private keys or passwords but before that I have to first explain everything related to crypto to them.

And the problem is to leave all the passwords from the wallets somewhere on the record and store it in a safe as a post-mortem note. The main thing to want.

Keep the password in a bank safe and leave a will with your lawyer that else where it is.

For now, most of my cryptocurrency wallets login details are known to me alone but I have started giving clues about them to my wife so that she can access them later.

Suppose you would do it in a similar way to everything else, the only difference is that you would be leaving your private keys and possibly some instructions.

I think the answer is simple and straight forward.
I even wanted to share the case of that exchanger owner that died and nobody was able to access the exchanger after the death and I know that's the end of all the money and accessibility to the exchanger, the news was actually carried by BBC on there Business News. So I think literally, from now on one should atleast let one of his/her children know the login details to his/her accounts.

I did keep a copy of my private keys and seed words for my family. I kept the copy in a safe place but the only worry is that my family cannot find the paper or don’t understand what is in it. I did teach my family to use my crypto desktop wallet and hardware wallet, but I don’t think they are learning seriously.

I think you should teach your heir about crypto and then put your private key as usual where you the only one who can access it then as most common people if someone of their relative died, the heir can access the belonging of dead people.

I thought only I thought about it but there were also many who thought about it when they left forever, related to that I had secured my assets like a will for the family in the sense of being intermediary and not directly giving it the private key.

My token is really like to gone just like me. Whenever I gone for a day, my crypto will slowly fell off without my knowing at all.

If I give up the ghost someday and I'm still holding some tokens then my tokens will be gone too unless I get married then I will share my private keys with my wife and kids

I have been thinking about this for a long time, so I only entrust one person who will take care of it, so this is the importance of trust. I have to give one person to inherit my property to the family, you can trust your child or your wife but if not anyone you can trust, you can look for it out there, you can save it somewhere where it is not connected to the internet and when you go it can be inherited with complete information where your assets are stored

it's like a necessity it seems. our environment, friends and family I think already know and we ourselves need not be afraid, because they especially families also have the same access.

Death is inevitable for all of us. Therefore, if we are interested in crypto coins, we must teach the process to our family. Otherwise, all our labor will be wasted. We can prepare a simple and descriptive little crypto guide, so that our family can enjoy our crypto accumulation when we die.

That must be really pathetic situation for a family due to ignorance of one crypto adopter. He must have prepared to face everything because nothing is certain in this world and everything might change upside down in a fraction of second itself hence everyone here must need to be prepared to inherit our wealth to our next-generation so that we will find some meaning for our time and hard work. We should not waste our crypto savings hence need to take steps accordingly.

How it will be risky to show with our family members. I really could not understand what kind of situation you are referring. It may be different family system in your country than mine. I guess if we are not able to trust our family members then who else we may able to ?

Well, my coins will be kept idle. Because no one knows what is my earning. Day by day I am earning but no one of my family knows about it. In my country many people also  don't Know about crypto currency world. So, I think if I am not alive then coins Will go in vein.

Correct, we can't tell when death will come our way, if we do engage to this business and we are really working and investing the needs of letting
our family to learned even a little knowledge about this industry is needed, so we can give proper instructions on how they will be able to claimed and enjoy those investment that we prepared for them and it will not turned into a waste after we die.

Though in anyhow, crypto industry is no longer a secret, but the process on how to work with wallets and exchange is needed to be learned.

There is no other way to deal with it other than we are open to our partners. Yes, that is what I do now, I tell everything to my wife but I don't give my device right now.

We will never know when death will occur in our life, and as a cryptocurrency investor that is the only one that has an access to our wallet we should have make plans for our love ones be able to recover it and use it for their future. In my case, I trust my family with my private key and also thought them how to use it to recover my cryptocurrencies in case bad things happened to me. But if you don't want trust anyone and can afford to have a safe deposit box or own safe vault, then you can make a copy of your private key and list the steps on how to recover your coins, in case no one in your family knows how to use it, then put it on your safe deposit box.

Yes, in my opinion it is one of the disadvantages of Blockchain technology. If we die, our family or wife will not be able to access our wallet unless they know our private key. So I prefer to tell my private key to people I trust like family or wife.

This is tragic and we all know that this might happen anytime to anybody even we like it or not. Keeping and telling our private keys has it's risks and that is what we are going to find ways to solve as it is complicated. In my case I am the only one in my family who knows crypto that is why I need time to teach them how it works. Keeping could be a more serious thing as it will leave our love ones clueless about our crypto holdings.

thats is true, at least there are people who are trusted to be able to keep the secret about all cryptocurrency assets and at least they know how to withdraw existing assets so that they can help the family's financial condition and your cryptocurrency assets become more useful.

Honestly we should really have someone we can trust or a close kin where we can entrust our private key when we are gone, I believe Cryptocurrency is an investment and an also an inheritance that you can pass into your beloved this is something that crypto holders should remember.

If you do not want to disclose your secret keys, then simply transfer the cryptocurrency to cash. That's when your family will be provided. And since many do not even know what a cryptocurrency is, this is the best way.

This news was everywhere on the news. Unhappy people who can not get to their assets now.
My other half knows about my work with crypto. I keep all the secret keys on paper and on a flash drive in a well-hidden place. Only me and the other half are related to this information.

wow thanks for warn us dude :). as a crypto enthusiast, we almost forget this crucial thing. before that time has come , I start to made all my asset into cash like (real gold) step by step. because we still don't know how long crypto still exist in future ?

If your loved ones are far from understanding cryptocurrencies and how to use them, then I would write a detailed instruction. But perhaps the best solution is to teach your loved ones to use a cryptocurrency wallet, then your assets will not be useless in case of your death.

I have already thought on this topic many times, probably there is only one opportunity to leave my tokens, which are now worth nothing on my Trezor wallet and leave it in the bank. Then pass the will on which my loved ones will be able to pick it up.

It will be great since it will help or contribute to increase the market price of such a cryptocurrency in the market. More volumes secured, more price ahead. So I think it is a positive news.

I also heard about this news, they've said that this person has a lot of crypto that is left behind, and I think it will be a puzzle for hackers to enter his account and get the money there, but one thing is sure for me, this will make the price of such crypto high.

Everyone who is 'dead' serious about crypto knows that creating multiple hard copies of all keys and passwords and keeping it all in separate, but safe locations is just as important as knowing how to download wallets, manipulate wallet files, myetherwallet, exchanges, etc.

Not only that, but in my mind, if a man went to the trouble to make a crypto portfolio worth millions, without simultaneously educating a couple of his more beloved and trusted family members and leaving hard copies (I mean, we are talking about generation wealth here, right?) or electronic ones somewhere, gets what he deserves.  It's called Karma.  Those children of his will have to try to obtain independent wealth again during their cycle.  Yeah, right.

Stories like this on their face sound like big-time fake propaganda.  I'll bet the source was a mainstream one.  Do you really think there are people out there that have millions of dollars to play with but are simultaneously so stupid as to become the centerpiece of an article meant to 'show' the masses how easily it is to lose millions in crypto - just like that.  I call bullshit.

All this crap is meant to convince people they need guardians, bankers, more regulations, etc.

Don't fall for it.

Collect and hold.  That and spread the word every day.

The reason why the whale died without his members knowing his wallet login and private keys is to avoid exposing his wallet to danger and only way to avoid this kind of things happening again is saving a copy of ones private keys in a bank deposit which will be release to ones kids after departure.

Always keep a paper backup somewhere and teach wife to decipher it. That's how it should go.

I've told my wife my wallet password so if one day I go or die, my child and wife can still access and sell crypto assets that I've ... yes even though now my wife doesn't know about crypto at least she already knows password that will used for access my wallet

I suggest to all of us we don't know until when we leave on earth so better to save the private and tell to your family who really trust you did not do somethimg bad while you leaving incase you are gone someday incase your token will be worth it because your family can open your wallet and they able to wuthdraw as money to use to for daily life.

Sometimes i can't keep away useless questions about believing to relatives who have no idea about crypto,wallet,password. After leaving the earth my only person who can dechiper the cold wallet is my brother and i kept my wallet seed in bank storage which only i have access to it. Questions keep my mind busy.

Then just hand him the seed just incase, it is as simple as that.
You can also use multi signature in case of him trying to take the tokens without you knowing so that you dont need to worry anymore.

I have seen a project that solves this problem, in this company you can write something like an inheritance, and if something happens to you, the project team will send a notification and all the data with the keys, your relatives or the person you specified, if I can find this company I will give you a link

I think my sibling can access my crypto wallets and exchange accounts in the case in no longer around. I think we should have someone trustworthy know where to find the keys and passwords to our wallets.

These are digital assets and it means they can be backed up somewhere and given out as properties in a will to people closest to you. This is why, it is necessary and important to share some of the most kept secrets with someone you trust. This way, in the event of your demise, the assets live on forever waiting to be retrieved. This is important and should be consider by all amongst men.

Yes after I read this thread I immediately wanted to tell my wife about my digital asset password, because until now my wife had not been told by me about my digital asset password. I am really lucky to find this thread. Thank you

It's really important and it's recommended to create a video that will give instruction where you kept your private keys and how everything works, those tokens/coins you are holding could be worth hundred times of its value today, so better start creating one now.

My token is really stored safely in the wallet. And so far, I don't want to sell the ICO coin that I followed from 2017. The reason is that I lost the moment at ATH last year. A little makes me regret, but there is still hope.

I thought about this question, even when I registered my first wallet. And as far as I remember, there was even some kind of ICO at the end of 2017, which offered the service like transfer of wallets by inheritance jeje I think you need to always have a fallback in such a case.

Create set of instructions that's designated for your family. Tell them that they shall open that instructions when you're gone or you passed away. Include all of those things that they need to know and easy to follow instructions on how they can retrieve your bitcoins.

That is a quite common story in crypto market and it shows the in another hand of absolute security. There were lots of value coins which were disappear by this way

much people worries about their cryptocurrency asset if they die.there is no one could access our asset except they know it.and just for preventing bad accident , i am agree with you.we have to make a note about the instruction.so even common people could undertand it.

This case is still far away from being glimpsed in mind. I don't really know what will happen to that cryptocurrency, cause i've ever lost my private key of wallet that contain some coins. And up until today i don't really know what happen to that coins that i loss access to it.

There is no special way that really works when someone who loses the private key or he has died, the wallet that has been returned will be opened and retrieved.

Maybe it's time for us to entrust someone and give them a private key or anything that relates to our wallet. Unless we will only let that the assets we have settle down just like that.

There is no other way to create a MultiSig wallet in this case because if you share your private key with someone, you are not the owner anymore. So, it's risky. With huge money, there is no one to believe in this world.

It's always a possibility for someone to steal your cryptocurrencies wallet. But more likely, the meteorite could fall on you or you may fall down the road and hit your head on the stone.

If you think about the possibilities, you might miss a lot. I would like to consider different areas where you can earn instead of gain ...

therefore, it is important for us to tell one of our family members. especially the wife, so that when we go someday, our coins will be useful.

Yes but not everyone klnows how to use the crypto and if they don't have access to your wallet or your storage they might not be able to access it when necessary and this could mean you lose your coins one day.

I will delegate to someone that I trusted to hold my tokens and gives the profit to my family because I want to make sure that my family will get benefits when I went. I don't want to bury my tokens without any chance for me to give something worth for my family especially for my kids. But if I don't tell anything to them, I will go with all of the tokens I have in my funeral and I cannot gives benefits to them. I don't want its happening with my family because at least, I can give the opportunity to them to continue for what I've done before.

preparation what must i do is, teach my wife and son how to access the wallet and how to withdraw it. I trust them and no risky for me.

Currently I believe millions worth of coins are forever lost in wallets and exchanges as a result of the death of its owners. Crypto owners should make sure they pass access to their crypto to their loved ones so that in case anything happens, they will be able access it.

The best way is to tell your relatives, parents, or closest friends, about the private keys and crypto wallet passwords that we keep. At least they know where they think they keep the private key. Just in case.

About whale died with his cryptocurrencies worth millions of dollar, of course that will be treasure that cannot be obtained. And i agree Showing your wallet login details to them now can also be risky, so hard to believe people even family that's why we must have real assets like gold, silver, diamond not all in crypto

actually people can inherit their coins by giving all their wallet data but most people don't think so, they fear that wallet security will be weak and no longer have privacy, but everyone must have people they trust to know all assets and also be given access to manage those assets so that when he dies the coin will not be a coin in vain

You give your details account on your family with enough knowledge about cryptocurrency, if you give without enough knowledge let say your brother, sister or even partner in life but considered that they have the idea. Just prepare them in advance we are not immortal we dont how long we stay in earth even in a blink we will gone.

My plan is, I will save the password, tell my family, or directly exchange the French currency and hand it to my family.

This is really a problem, but you obviously need to be prepared for this and have some kind of notebook with notes so that family members have access!

When I am gone, my tokens will probably go to my grave with me, because no one knows the passwords from my vaults, no one knows my private wallets.

Give them a locker key where we have stored all the things related to our crypto investments including private keys is the thing we need to do when we are alive ecause atleast we have given some meaning to the money which was earned all our life but when we don't have ayone to give just give it to charity if you knows you are not going to be here longer.

He is not a whale, he is the CEO of an exchange. He encountered an accident he himself did not anticipate and currently no one can log into the cold wallet he holds the password. For me, I put it all in a guide so that one of my relatives could unlock the wallet if I could not

Well at my home family members are still learning about cryptocurrency & I don't have any problem with sharing my access to wallet details with them. There was one project called DigiPulse which was offering solution to the same problem with goal to ensure that people pass their digital assets on to the rightful inheritors, in case of the owner’s death and to tackle the issue of escheatment. But in December 2018 they de-tokenized their project from their native token DGPT as they failed to attract more user to use their services & the concept of the project was great but looked like they did not got good response from the crypto commnunity.

I have heard about smart contract that automatically transfers all of your cryptocurrencies to the family address if you not login to your wallet for a one year.
What a cool idea!

I don't think this is a problem, though private key and password to my account is some that is secret,  that is why I have the hard copy of my private key and password and put in my will.

Well, it is tricky question. probably I will take actions before it happens, for example I can tell my brother or some of my friends what to do and I can disclose private keys to some of them.

It's ok for me to leave my tokens or altcoins in 1day because it also depends on the price either its gonna increase or not. So it depends also, but and not in 1day all your funds will lost in just a single day.

I told my mother about my activities with my property. But I know that she doesn't know anything about computers and cryptocurrencies. That's what I worry about. Maybe my token will be forgotten if I die

That certain question came into my mind before. I know that it is important to know where will our earnings go when we're gone. I have entrusted my private keys to a person who I trusted the most so that if something happens, my earnings would still go to my family and loved ones.

That is very important point and i think there should be some blockchain based service that could kyc wallets and then if someone dies the family members can claim that wallet after a procedure like submitting death certificate and doing kyc or submitting kinship or relationship certificate from government agency and then the wallet details or private key could be transferred to the son, brother, wife or closest relation of the deceased.

Death is one inevitable truth no one wants to tell or admit because its a horrible idea. But then the first thing I learnt in crypto is to have all my password and mnemonics written on my diary

Im already prepare if that happen to me. We dont what will happen in the future just in case i make a note and share it to person that i trust. In cryptocurrency we must learn about condition. Make a good move and think about your decision.

I have so many tokens stored in my MyEtherWallet (MEW), some of them are already listed in some crypto exchange/s and some are not. I always observe their price graphs in the market where they are listed so that I can still make money out of them even a little amount. Once I miss one day, observing them still nothing happens.  :(

This is something that all crypto holders should be concern about, the token that you are holding could be worth thousands of dollars and it could have your family from poverty or from their needs, so better create now or be sorry tomorrow, do this for the sake of your children.

I have thought of this. Which is why I now have a diary, where I pen every details. From wallet details to exchange details. My children are still very young, but in carry my wife along. I trust her and I belief she cannot do anything to my hurt, when it comes to secrets like this.

Leave the flash drive with keys and instructions, and put it in a Bank cell. In my cell basically are some of documents, and i can to add the flash drive sometime.

Risk is everywhere. One talk is available "No risk, no gain."  I also save my all secrect info on my Desktop. Great if someone of your family member Know about cryptocurrency then they can also handle it. Crypto is great when you know all about crypto.        

Well, you can show your wife where your private keys are held if you want. But it's quite a risky move nowadays, lol  ;D
Or write a death note and hide it somewhere in your secret place and hope your family will find it :)

There are some projects with this project aim related to crypto inheritance. I think safe haven is one of them. If we use the vault system of such projects, Inheritance will be possible hence reducing the risk posed by such scenario.

I guess you are referring this Cryptocurrency Owners Can't Access Funds After Exchange CEO Dies—Because No One Knows the Password (http://fortune.com/2019/02/04/cryptocurrency-quadrigacx-gerald-cotten-frozen-funds/).
This is just one scenario you are quoting, there are many cases like cryptocurrency worth million of USD is gone forever. For instance, $190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All (https://www.ccn.com/190m-gone-how-canada-biggest-bitcoin-exchange-lost-it).
But things like losing all your currency as you die can simply be avoided by telling your next of kin about your login details including the private keys. Sooner or later we all have to die and cryptocurrency cant be retrieved once you are gone or your coins are stolen. This must be kept in mind by all cryptocurrency investors regardless of how big or small there portfolio is.  

If something bad happens to me, maybe my girlfriend will continue to do my job to continue making money. But I hope it will never happen because I am very young and I really want to live

It will lose in the circulation only if no one knows your private key or password related to cryptocurrency. I suggest that you put it in a document then save it to your computer or some usb. Then teach some of your family members on what is cryptocurrency on how it works in able for them to have a little knowledge of it.

You just gotta give the keys to someone you trust before dying. Typical thing.

you can not trust anyone in life, you must trust someone (a family member) to leave a copy of the private keys of our wallet where we keep the altcoins...

This is something that should be addressed if you are holders of many coins and you have a large amount of coins, we are in a bear market and what if the coins or tokens that you are holding that are worth a penny today will worth hundreds of dollars, you will be leaving a huge fortune to your children and grandchildren so prepare one now.

If there are no crypto-oriented friends in your environment, it makes sense to create a video message (on several electronic media) with the basics of cryptography, with step-by-step instructions and security rules, to avoid leakage of personal data when working with malicious sites

If I hold an asset or assets which I manage its private keys, I will entrust it to someone,  either my family or wife. I will let someone know about this assets and also about the private keys and should incase I am gone one day, they can have access to it.

If there are no one knows about the details to access that tokens, then it would keep stays on it place without anyone able to retrieve it. and the condition would be just when we loss our private key that hold our tokens in it.

Yeah, I'm ready for that. ;) I believe that I do not owe anything to my family and my family does not owe me anything, so I do not have to bequeath my cryptocurrency to my family.

I think this is a serious issue but it can only be resolved by the holder of the crypto. I mean make a video about all its assets and keep that video safe and once he dies, his kins should have access to it and that way they can still use the coins he hold.

yes, obviously, those tokens would stay in your wallet and keep on experiencing the ups and down in the market while you would stay calm in peace. This is the reason many people get their businesses documented. In my country, if you do not have someone who could claim the inheritance, the government would take all the wealth you leave behind. But, this rarely happens because almost everyone has someone who knows about their business and documentation.

It really wasn't a whale. The dead man was the CEO of an exchange. Si, it was a collection of clients cryptocurrencies his exchange was holding. It's sad though. That said.

For me, I think the best way to safeguard against such is to write out one's details and tuck them somewhere safe with someone close (one without crypto interest) knowing about it. It could also do well to leave a Will behind on how to locate that diary in case of one's demise.