Weird news - Cryptocurrency CEO dies without sharing password

The wonders of modern technology can sometimes make things pretty difficult. Modern privacy is built on using cryptology, with its system of private and public keys (and other key mechanisms). The more recent development of cryptocurrencies use encryption as their basis, which makes storing of these keys the 'key' to everything. There have been many cases in the past where hackers have managed to get the key and stolen the money held in cryptocurrency wallets, with no recourse to the people who owned the money held in these wallets.
This is a different kind of problem, but one that can also suddenly arise, with the problem of knowledge being held only by one person, who suddenly dies, not having transferred the knowledge to anybody and leaving the cryptocurrency money locked up (link to article):

This is a story worthy of a film script -- which will doubtless be realized. A 30-year old CEO of a Canadian cryptocurrency firm reportedly died in India from complications from Crohn's disease (an intestinal inflammation disorder) taking with him passwords that has locked up $190 million in investor cryptocurrency. Top security experts have been unable to unlock the encrypted password throwing his clients into a tizzy. The saga, just unfolding in the western media, goes back to December when Gerald Cotten, 30-year old founder of QuadrigaCX, died due to complications with Crohn’s disease, according to the company and Cotten’s wife, Jennifer Robertson. Cotten died “while traveling in India, where he was opening an orphanage to provide a home and safe refuge for children in need,” the company's social media page said.