(Meredith) -- QuadrigaCX, Canada's largest cryptocurrency exchange, has lost nearly $190 million of their investors' money after the company's founder unexpectedly died. He had the only password to unlock the funds.
Gerald Cotten, the company's founder, died last year in India from complications with Crohn's disease. According to a statement from the company, he was "opening an orphanage to provide a home for children in need."
His widow, Jennifer Roberston, said in a statement that she has recovered her late husband's work laptop, but is unable to access it because she doesn't know the password. The company said they've hired a security expert to try to access the funds, but he has been unsuccessful so far.
The company is no longer accepting investments on their platform after it was put on pause by directors late last month.