Tawanda Kembo, the founder and CEO of the Zimbabwean cryptocurrency trade Golix, claims to have misplaced the password to one of many trade’s Bitcoin (BTC) chilly wallets.
On Nov. 1, native information each day iHare reported that the CEO of Zimbabwe’s first cryptocurrency trade allegedly misplaced the password in Could of final 12 months. IHare wrote that the “password fiasco” was confirmed by two separate sources aware of the matter.
CEO loses entry to 33 Bitcoins
The story of the misplaced password follows studies that monetary regulators on the Reserve Financial institution of Zimbabwe ordered the trade to close down its operations for violating regulatory points.
Since then, Golix has reportedly ceased all communications with its clients, whereas a big portion of the trade’s clients continues to be unsuccessful in retrieving their investments from the trade.
Kembo himself got here ahead in a visitor post, responding to allegations that his crypto trade did not course of clients’…