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CEO Of Zimbabwean Crypto Exchange Loses Password to Bitcoin Cold Wallet

Published 11/01/2019, 07:11 PM
Updated 11/01/2019, 09:01 PM
© Reuters.  CEO Of Zimbabwean Crypto Exchange Loses Password to Bitcoin Cold Wallet

Tawanda Kembo, the founder and CEO of the Zimbabwean cryptocurrency exchange Golix, claims to have lost the password to one of the exchange’s Bitcoin (BTC) cold wallets.

On Nov. 1, local news daily iHare reported that the CEO of Zimbabwe’s first cryptocurrency exchange allegedly lost the password in May of last year. IHare wrote that the “password fiasco” was confirmed by two separate sources familiar with the matter.

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