Content-type: text/html Downes.ca ~ Stephen's Web ~ Digital exchange loses $137 million as founder takes passwords to the grave

Stephen Downes

Knowledge, Learning, Community

We've all made mistakes in the past. But this digital exchange founder made one of the most expensive mistakes in history when he failed to plan for his own death, leaving $137 million in cryptocurrency forever locked in an apparently unbreakable digital safe. This - to remind everybody - is why we regulate things like financial institutions.

Today: 0 Total: 1106 [Direct link] [Share]


Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

Copyright 2024
Last Updated: Apr 19, 2024 08:47 a.m.

Canadian Flag Creative Commons License.

Force:yes