CustodyStress
Archive › Owner death
Part of the CustodyStress archive of observed Bitcoin custody incidents
CS-00656

Owner death — QuadrigaCX (2019)

Blocked
Case description
A QuadrigaCX customer died in February 2019 while the exchange was under CCAA protection. Their estate, already dealing with a personal bereavement, discovered they were also a creditor of the exchange. The estate had to engage a creditor committee process that was expected to take years. The compound loss of exchange access and death at the same time left the family in exceptional financial difficulty.
Custody context
Stress conditionOwner death
Custody systemExchange custody
OutcomeBlocked
DocumentationUnknown
Year observed2019
CountryCanada
Structural dependencies observed
Legal process requiredInstitutional cooperation requiredSingle point of failure
What this illustrates
Before anyone could access the funds, a legal process had to be completed first. Access was not recoverable.
Outcome interpretation
Access was not possible under the reported conditions.
Source
Publicly Reported
Evidence type
News article
Related cases involving owner death
119 cases involve owner death 512 cases involve exchange custody View archive statistics →
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Framework references
Terms guide
Survives
Access remained possible under the reported conditions.
Constrained
Access remained possible, but only with delay, dependence, or significant difficulty.
Blocked
Access was not possible under the reported conditions.
Indeterminate
There was not enough information to determine the outcome.
Single-person knowledge
Recovery depended on information or capability held by one individual who was unavailable.
Institutional dependence
Recovery depended on a third-party institution or service that was inaccessible or uncooperative.
Documentation gap
Recovery depended on instructions that were missing, incomplete, or unclear.
Authority mismatch
The person with legal authority to act did not have operational access, or vice versa.
Original text
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