What was the financial impact on Quadriga CX due to a forgotten password?

Cryptocurrency and Password Management Insights

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Business
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9th - 10th Grade
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Hard

Jackson Turner
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They gained $190 million.
They lost $190 million.
They gained $1 million.
They lost $1 million.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who was the co-founder of Quadriga CX?
Sherrod Brown
Dash Lane
Gerald Cotton
Jennifer Robertson
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of wallet is used for quick withdrawals and is connected to the internet?
Checking wallet
Hot wallet
Savings wallet
Cold wallet
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the cause of Gerald Cotton's death?
Complications from Crohn's disease
Car accident
Heart attack
Unknown causes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a cold wallet primarily used for?
Online shopping
Exchanging currencies
Storing large amounts of cryptocurrency offline
Quick transactions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What unusual aspect of Quadriga CX's operations raised suspicion?
Using a public bank account
Having multiple offices
Employing thousands of people
Running the business from a single laptop
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reaction of security experts to the encrypted laptop?
They ignored it
They sold it
They failed to break the encryption
They easily decrypted it
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