A cryptocurrency exchange in Canada has revealed they can't repay most of their clients' $190 million in Bitcoin, Litecoin, Ether, and fiat currency holdings, and no, it wasn't because of a 51 attack.
In Quadriga's application it says it now owes roughly 115,000 users $70 million in currency and an additional amount of cryptocurrency coins valued at approximately $180 million based on market prices in December.
Quadriga did not have offices or a bank account of its own; in the court filing, Robertson said, "Gerry ran the business through his laptop, mostly at our home, but also wherever he happened to be".
The problem is, Robertson said she can't find his passwords or any business records for the company.
In a statement posted on its website on January 31, QuadrigaCX said that it applied for creditor protection in the Nova Scotia Supreme Court "to allow us the opportunity to address the significant financial issues that have affected our ability to serve our customers".
He's so young that his teams played against Patriots receiver Julian Edelman, who was Kent State's quarterback at the time. This year's game, set between the New England Patriots and Los Angeles Rams , will kick-off at 6:30 pm Eastern.