Coin Citadel (CCTL)

[alwaysthankfull]

Issues with tracing or verifying Bitcoin holdings from 2014. 2014 was the wild west in crypto.



1.) In 2010 -2014 you could buy Bitcoin on an exchange with only an email (email could be Aliceinwonderland @ yahoo for example...as long as it worked) and a made up username. There was no AML/KYC verification. No identification was required. Proving ownership is quite a task.

2.) In 2014 there were numerous exchange hacks. If old CEO had bought Bitcoin on one of these exchanges and exchange was hacked the Bitcoin could be forever lost, and or potentially recovered in bankruptcy receivership.

3.) Loosing you private Keys

In simple words, losing the private keys of a cryptocurrency wallet means you lose all the associated data and financial assets in your wallet permanently.

Only Bill Schaefer knows the facts.



Hence current CEO of Coin Citadel has never being able to confirm or deny exact Bitcoin Holdings in any emails or phone calls with investors as proof of ownership was never transferred.

https://coincitadel.net/ce-%26-bitcoin-holdings