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A Lot Of Folk Without Their Own Crypto-Lockers Are Going To Get Burnt
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windsmurf:

--- Quote from: Psi on June 25, 2019, 09:59:43 pm ---When it comes to crypto currency, if you want it safe you have to store it yourself.
Only you can decide just how safe you want it to be.
If you let someone else decide how safe they want your money to be then you cant be surprised when this sort of thing happens.

--- End quote ---

Many believe he faked his own death in India and made away with cash.
https://www.theverge.com/2019/6/24/18715959/quadrigacx-canadian-cryptocurrency-exchange-report-founder-transferred-money-spending
Stray Electron:
  Well so much for the idea that crypto currencies are secure! Anyone that puts their money into a crypto currency after this needs to have their head examined.
Mr. Scram:

--- Quote from: Stray Electron on June 26, 2019, 12:40:31 am ---  Well so much for the idea that crypto currencies are secure! Anyone that puts their money into a crypto currency after this needs to have their head examined.

--- End quote ---
That's like claiming paper money isn't secure after you gave a stack of it to that mysteriously successful uncle and he made it disappear.
Bud:
Evidently, from this case, cryptocurrency is secure. Do not confuse security with mismanagement. What happened was a case of lack of proper key management.

I find it amusing that noone saw the dead body. No grave, no photos from the funeral, no documents of transferring the body from India to Canada (he was not buried in India, was he). Even more amusing is that noone seem to be doing investigation into this aspect.
Edit: at least i have not seen any evidence.
EEVblog:

--- Quote from: Stray Electron on June 26, 2019, 12:40:31 am ---Well so much for the idea that crypto currencies are secure! Anyone that puts their money into a crypto currency after this needs to have their head examined.
--- End quote ---

Crypto currencies are just as secure as cash. If you give the cash to someone else to hold/manage then, well...
It's trivial to get your own hardware wallet and store your crypto in that, then no one can steal it unless they physically have your hardware wallet and code, or your backup paper code.
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