QuadrigaCX Founder Dies and Customers Lose Access to Their Crypto Investments

Discussion in 'HardForum Tech News' started by cageymaru, Feb 4, 2019.

  1. Nunu

    Nunu Limp Gawd

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    Yep, bound to happen sooner or later.
     
  2. motomonkey

    motomonkey [H]ard|Gawd

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    Which involves the banks how? And it’s highly unlikely Crypto business losses would be insured. The investors could sue to attempt to recoup losses, but it’s highly unlikely his personal life insurance policy would cover that loss anyway.
     
  3. pillagenburn

    pillagenburn Gawd

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    I said it in another thread and I'll say it here - being in crypto is like being on a rollercoaster that never underwent OSHA inspection. You might live through the ride.... or you might get launched into the parking lot when your seatbelt fails.
     
  4. Kdawg

    Kdawg Gawd

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    still, I hope interpol finds this bitch osama bin laden style.
     
  5. awawa

    awawa n00b

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    That won't prevent the n=1 reports (as in "I did it and I came out just fine!!!11!!11!") from piling up.

    It's all fun and games until someone loses an eye.
     
  6. TorxT3D

    TorxT3D Gawd

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    super elaborate ponzi pyramid scheme, crypto will go down in history as first in, first out with sucker's money...
    i suspect cryptopia is going through the same thing right now.

    the only losers of these "exchanges" are the people who participated by buying and storing coins there.
    all this will either push everyone to use an offline storage for their coins, or convince everyone that crypto really is a dead end but not for the ones that got in first.
     
  7. pillagenburn

    pillagenburn Gawd

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    IMO I don't think that crypto will go down - I think that the (very few) truly altruistic devs will ultimately come together when they realize that corruption is going to kill their creation and do something about it. Look to decentralized exchanges or other forms of P2P trading and things like that.