Why Nova Scotia is too ethically challenged for IT Startups
On 1st February 2019, news broke that Gerald Cotten, the Canadian CEO of cryptocurrency exchange QuadrigaCX (who had moved to Nova Scotia), had died in suspicious circumstances in India — and taken the passwords to hundreds of millions of dollars worth of digital money with him to the grave. Business as usual, except for the fact that some believe the death to have been faked. Some Bitcoin experts believe that there is no way US $190 million worth of Bitcoins could have vanished. An in-depth analysis of the Quadriga case by Zerononcense has pointed towards a lot of strange and suspicious activity as well. I believe that the “death” in India was connected to the Powers That Be pushing for Bitcoin regulation in India (such horror stories do wonders).
Since Nova Scotia is the jurisdiction for settlements, this makes things even murkier. Given the corrupt nature of courts in the province, there is maximum potential for skullduggery. If the Cabal is involved, this would be a great opportunity to loot some Bitcoins and claim they simply vanished. Did Quadriga relocate to Nova Scotia (of all places) for this reason only?
Another leading (and legitimate) US based Bitcoin exchange is offering up to USD $100,000 as a reward if you have any information about these lost Bitcoins. They too, find the tale “…..too suspicious to be believed.” To quote,
If so, let us know and we’ll pass your tips on to law enforcement. Kraken is giving up to $100,000 USD (fiat or crypto) as a reward for the tip(s) that best lead to the discovery of the missing $190 million US dollars. Go here to submit your tips or leads. With your help, Kraken is committed to supporting law enforcement in solving this case.