• Home
  • NEWS
  • BUSINESS
  • EDUCATION
  • ENTERTAINMENT
  • HEALTH
  • POLITICS
    • TECHNOLOGY
  • CRIME
  • METRO
  • SPORTS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
  • TERMS OF USAGE
    • ADVERTISE WITH US
DAILY GIST
  • Home
  • NEWS
  • BUSINESS
  • EDUCATION
  • ENTERTAINMENT
  • HEALTH
  • POLITICS
    • TECHNOLOGY
  • CRIME
  • METRO
  • SPORTS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
  • TERMS OF USAGE
    • ADVERTISE WITH US
No Result
View All Result
  • Home
  • NEWS
  • BUSINESS
  • EDUCATION
  • ENTERTAINMENT
  • HEALTH
  • POLITICS
    • TECHNOLOGY
  • CRIME
  • METRO
  • SPORTS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
  • TERMS OF USAGE
    • ADVERTISE WITH US
No Result
View All Result
DAILY GIST
No Result
View All Result

Man Loses His Entire $500,000 Life Savings In Cryptocurrency After Trader Dies With Password

Ademola Adam by Ademola Adam
April 2, 2022
in BUSINESS
0
Man Loses His Entire $500,000 Life Savings In Cryptocurrency After Trader Dies With Password

Cryptocurrency

19.8k
SHARES
19.8k
VIEWS
Share on WhatsAppShare on TwitterShare on Facebook
~~Advertisement ~~

A man has lost his entire life savings after investing all his funds with a cryptocurrency trader who passed away.

Tong Zuo recalled when he invested his money into Quadriga CX, and trusted the company’s CEO and founder, Gerald William Cotten with the funds since he had password access to all his clients’ accounts.

~~Advertisement ~~

The total amount of money held in Quadriga’s accounts is an estimated total of $250 million and caused 76,000 investors to lose out on their funds once Cotten passed away.

Zuo said he received most of the money from his parents and invested in cryptocurrency to avoid bank charges when he moved from the United States to Vancouver, Canada.

The now-closed Canadian-based company claims a legal matter with a bank is delaying the distribution of funds.

“I kept asking them: Where’s my money? – October, November, December – during all that time. They kept saying it was the lawsuit. I couldn’t get any sleep. I just prayed. I really prayed it wasn’t a scam. At that time, there was nothing I could do. There was no way of getting my money back. Once I deposited it, it was basically gone,” Zuo added.

~~Advertisement ~~

ALSOREAD

How Church General Overseer Landed In Jail Over Fake Prophecy, Crypto Fraud

TOP LIST CRYPTO TRADERS/VENDORS YOU SHOULD TRADE WITH FOR A SWIFT TRANSACTION

Crypto Platform Binance Deactivates, Freezes Nigerians Account Worth Millions

Central Bank Approves World’s Largest Crypto Platform

Kuda Bank Releases Important Notice To All Customers Over Accounts Blocking, EFCC

Cotten’s wife, Jennifer Robertson, claims he promised to create a mechanism that will give her access to the passwords once he died but she never received them.

Zuo’s story and others has been featured in the Netflix documentary “Trust No One: The Hunt For The Crypto King.”

JOIN US ON TWITTER

Click here to follow DAILY GIST on Twitter for more BREAKING NEWS

FOR ADVERTS, PUBLICATION AND PROMOTIONS, CONTACT DAILY GIST ON WHATSAPP – 07069173969 OR 09061956151

Kindly Share This News On Social Media

Related

~~Advertisement ~~

Tags: BitcoinCryptocurrencies
jasa seojasa seoseo checker
Previous Post

2023: IBB Reveals Party He Will Be Supporting In The Presidential Election

Next Post

BREAKING: ASUU, CONUA Renew Conflicts Over OAU Crisis

Ademola Adam

Ademola Adam

AdamPR is a young Blogger, Reporter, Web Designer and a Microbiologist. For Adverts and Publications, He can be reached on WhatsApp - 07069173969

Related Posts

BREAKING: Naira Appreciates Massively Against Dollar
BUSINESS

BREAKING: Naira Appreciates Massively Against Dollar

August 2, 2022
BREAKING: Court Orders Immediate Arrest Of Wema Bank MD
BUSINESS

BREAKING: Court Orders Immediate Arrest Of Wema Bank MD

August 2, 2022
BREAKING: Naira Depreciates To All-Time Low Against Dollar
BUSINESS

JUST IN: CBN Reveals Reason For Continuous Fall Of Naira Against Dollar

July 29, 2022
BREAKING: Senate Grills CBN Governor, Emefiele Over Naira Devaluation
BUSINESS

BREAKING: Senate Grills CBN Governor, Emefiele Over Naira Devaluation

July 27, 2022
BREAKING: Naira Depreciates To All-Time Low Against Dollar
BUSINESS

BREAKING: Naira Depreciates To All-Time Low Against Dollar

July 27, 2022
BREAKING: Nigerian Banks To Shutdown Nationwide
BUSINESS

BREAKING: Nigerian Banks To Shutdown Nationwide

July 18, 2022
Next Post
OAU

BREAKING: ASUU, CONUA Renew Conflicts Over OAU Crisis

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TRENDING NEWS

  • BREAKING: FG To Release N1.12trn To ASUU, Others

    BREAKING: FG To Release N1.12trn To ASUU, Others

    36405 shares
    Share 14562 Tweet 9101
  • BREAKING: Army Barracks In Abuja Under Terrorists Attack(Video)

    31387 shares
    Share 12555 Tweet 7847
  • BREAKING: 2023: Afenifere Declares Support For Peter Obi

    35737 shares
    Share 14295 Tweet 8934
  • BREAKING: Nigerian Banks To Shutdown Nationwide

    24118 shares
    Share 9647 Tweet 6030
  • BREAKING: 2023: APC Replaces Kashim Shettima With Lawan

    24018 shares
    Share 9607 Tweet 6005
  • BREAKING: INEC Told To Conduct Fresh Osun Governorship Election

    23948 shares
    Share 9579 Tweet 5987
  • BREAKING: Wike Bans All Party Members From Campaigning For Atiku In Rivers

    23920 shares
    Share 9568 Tweet 5980

LATEST NEWS

JUST IN: 2023: Wike Breaks Silence On Suit Against Atiku’s Candidacy

by Ademola Adam
August 12, 2022
0
2023: PDP May Lose Rivers As Wike Heightens Attack On Atiku

The Rivers State Governor, Mr Nyesom Wike on Friday has broken his silence on a purported suit said to have...

Read more

BREAKING: Serving Oyo Corper, One ‘Loader’ Jailed For Yahoo-Yahoo(Photos)

by Ademola Adam
August 12, 2022
0
BREAKING: Serving Oyo Corper, One ‘Loader’ Jailed For Yahoo-Yahoo(Photos)

A Kwara State High Court in Ilorin has jailed Adetuberu Christopher Adetoyese, a National Youth Corps member serving in Ogbomoso,...

Read more

Organ Harvesting: Real Reason Why We Can’t Help Ekweremadu – Buhari Govt

by Ademola Adam
August 12, 2022
0
Organ Harvesting: Real Reason Why We Can’t Help Ekweremadu – Buhari Govt

The Buhari-led administration has said it cannot wade into the case of alleged organ harvesting involving Ike Ekweremadu, former deputy...

Read more

ASUU Announces New Update On Nationwide Strike

by Ademola Adam
August 12, 2022
0
BREAKING: ASUU Takes Decision As Warning Strike Ends

The Academic Staff Union of Universities has said it has reached a negotiation on the lingering nationwide strike and was...

Read more

BREAKING: 2023: Serious Crisis Rocks PDP As Wike Drags Atiku To Court

by Ademola Adam
August 12, 2022
0
2023: PDP May Lose Rivers As Wike Heightens Attack On Atiku

Rivers state governor, Nyesom Wike has filed a lawsuit against Atiku Abubakar over the 2023 presidential ticket of the Peoples...

Read more

BREAKING: ‘Ero-Arike’ Founder Abducted, Rescued In Osun

by Ademola Adam
August 11, 2022
0
BREAKING: ‘Ero-Arike’ Founder Abducted, Rescued In Osun

The popular producer of Ero Arike, Alhaja Falilat Adegboyega was reportedly kidnapped by some gunmen in Osun state. Oyetunji, DAILY...

Read more

DAILY GIST reports Latest News in Nigeria and aims to keep Nigerians updated and informed with Reports and Informations in the aspect of Education, Politics, Health, Business, Technology, Jobs, Entertainment. etc

  • Home
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
  • TERMS OF USAGE
  • ADVERTISE WITH US
  • DESIGNED BY ADAMPR

DAILY GIST © 2020 | All Rights Reserved

No Result
View All Result
  • Home
  • NEWS
  • BUSINESS
  • EDUCATION
  • ENTERTAINMENT
  • HEALTH
  • POLITICS
    • TECHNOLOGY
  • CRIME
  • METRO
  • SPORTS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
  • TERMS OF USAGE
    • ADVERTISE WITH US

DAILY GIST © 2020 | All Rights Reserved

~~Advertisement ~~