QuadrigaCX Widow: “Gerry cared for his customers.”… Sorry, we beg to difer.

[entelechy]

https://stadivm.com/blog/quadrigacx-we-beg-to-differ/

"The widow of the former CEO of QuadrigaCX, Jennifer Robertson, has been reported today to have made a statement via law firm, Stewart McKelvey, defending the intentions and actions of her husband, as well as her own..."

[mk4]

If QuadrigaCX's CEO indeed really die and truly cared for his customers, he wouldn't do something so extremely incompetent and foolish like keeping the private keys of the exchange's funds solely to himself. I'm still extremely leaning on the scamquit side.

[Herbert2020]

If QuadrigaCX's CEO indeed really die and truly cared for his customers, he wouldn't do something so extremely incompetent and foolish like keeping the private keys of the exchange's funds solely to himself. I'm still extremely leaning on the scamquit side.

but things like this aren't something you can fake! cryptocurrencies are not like fiat that can't be tracked. i am sure the addresses that hold the funds are already known so if some day the funds move they will be held responsible because it is too obvious and they have claimed they don't have access and doing otherwise would be fraud.

[dothebeats]

The moment the CEO decided to store the funds of the exchange using a single private key and not sharing the unlock codes already is a sign of carelessness and lack of empathy towards the customers. He knew full well that once something happened to him, the coins will be gone forever, and that is already negligence on his part that should be used against him or his heirlooms in court. Should the coins move from where it is sitting right now, I hope no mixing services, together with any exchange or OTC buyers would be accommodating him for the authorities to track him immediately.

[BrewMaster]

"Gerry cared for his customers"

ok, cool lady. now you follow your deceased husband's footsteps and care for his customers, sell your assets and clear your husband's debt to thousands of users who trusted his business thinking he is not naive enough to store them like this!

[Kemarit]

Nah, there's a lot of information surfacing lately pointing out that the exchanges have problems as early as 2018 but continued. There was even a bug that drain their ETH funds a Coinbase CEO Brian Armstrong have said but instead of coming up clean, they created lots of fake accounts to look likes everything is normal. And what they do is is delaying withdrawals because they're waiting for new accounts to make deposit. If they really cared then they should have tell their customers that they have problems. So they that to those traders who has lost a lot in this tragedy they have created.

[avikz]

https://stadivm.com/blog/quadrigacx-we-beg-to-differ/

"The widow of the former CEO of QuadrigaCX, Jennifer Robertson, has been reported today to have made a statement via law firm, Stewart McKelvey, defending the intentions and actions of her husband, as well as her own..."

Death is always unfortunate but this example of Quadrigo Cx shows how important it is to make everything process driven and not people driven. Also it raises two very valid questions, let me explain those,

1. In a process driven environment no particular person owns a certain responsibility. Rather the responsibility are shared between pre-defined resources who are critical to the organization. Knowing a criticality of the entire company fund, why a contingency plan was not created?

2. While providing license to the exchange, why the local authority did not manadate an insurance requirement even after knowing the nature and risk of the crypto exchange business.

I don't know whether the death has been faked but such kind of situation could have been avoided with proper measures.