Diving into the Dramatic Tides: A Riveting Review of Seven Major Crypto Exchange Shifts Swept by Scandalous Market Storms

QuadrigaCX - A Mysterious Death

The scandal surrounding Canadian crypto exchange QuadrigaCX reads like a thriller novel. In 2018, the platform's CEO, Gerald Cotten, died unexpectedly while traveling in India. With him, he took the passwords to the platform's cold wallets, where the majority of the exchange's assets were stored. The subsequent inability to access these funds resulted in the loss of approximately $190 million, leaving thousands of users unable to retrieve their digital assets.