goes to Cottens hospital in India to put the whole fake death thing to bed. (India is notorious for forging fake death certificates by paying people off). Gerald Cotten was the talk of the cryptocurrency world in Canada after he introduced QuadrigaCX, a place where investors could buy and sell cryptocurrency. He graduated from York in 2010 with a bachelor's degree in business administration. "It just makes me more depressed about it," Zou told Sky News. The accounting firm Ernst & Young, tasked with auditing the company as it undergoes bankruptcy proceedings, discovered numerous money-losing trades executed by Cotten, using customers funds. Then Gerald Cotten suddenly died, in December of 2018, from complications with Crohn's disease. Please refresh the page or navigate to another page on the site to be automatically logged in, Please refresh your browser to be logged in, A lost password, a sudden death and $180M in missing crypto, Extra 20% off selected fashion and sportswear at Very, Up to 20% off & extra perks with Booking.com Genius Membership, 50 cash with friend referrals at Virgin Mobile, 15% off extra plans with this Vodafone promo, Compare broadband packages side by side to find the best deal for you, Compare cheap broadband deals from providers with fastest speed in your area, All you need to know about fibre broadband, Best Apple iPhone Deals in the UK March 2023, Compare iPhone contract deals and get the best offer this March, Compare the best mobile phone deals from the top networks and brands. Lammer believes the evidence does suggest that Cotten died suddenly - having battled Crohn's disease for a number of years, even though the timing was suspicious. The crypto entrepreneur bought increasingly lavish purchases: a $600,000 yacht, a high-end Lexus, 17 homes in Canada, a plane. She says she never received the passwords. The thing about conspiracy theories, though, is that they mutate out of control very quickly, and arent always reflective of the latest evidence. Gerald Cleophas Betzen, 68. His death certificate spells his name wrong, he was supposedly buried in a closed casket in Canada even though there is no evidence his body was ever moved from India and why would it need to be a closed casket? Gerald Cotten Really Dead ? Gerald Cotten Still Alive ? - Watch Full He passed away in 2018 with the secret of $250 million. No one but him can access accounts, he ran a whole market on a laptop by himself with no other employees or partners anymore so only he could access it and he suddenly dies when he would be in massive debt for delayed payments and would likely be convicted for fraud or money laundering. He was one of the wealthiest people in the crypto world, and his company was at its pinnacle. What really happened to Gerald Cotten, Netflix's Crypto King? Was a recently-active Skype account proof he was still alive? as well as other partner offers and accept our. No longer a likable nerd, investors thought that Gerald, now sceptre, had been operating scams since he was 15. Gerald Cotten had an estimated net worth of $80 million at the time of his death. [50], Quadriga's lawyer, the firm Stewart McKelvey, withdrew from the case due to a potential conflict of interest. 29 2022, Published 3:03 p.m. 'Bitcoin widow' reveals how she fell victim to her own husband's $215m The estate includes an airplane, a sailboat, a 2017 Lexus, and real estate in Nova Scotia and Kelowna, British Columbia. Here Is Why People Think Gerald Cotten Is Still Alive. In that case, $851 million entrusted to Crypto Capital had been "lost, stolen or absconded with", according to the suit. According to an investigation by Canada's Globe and Mail, Cotten. [11] Lawyers for the customers of the exchange have asked that Cotten's body be exhumed.[12]. Mom 'stabs 3 of her kids to death and wounds 2 others in unsupervised visit', Daughter of murdered couple linked to Delphi case reveals paranoia, Serena Williams stepmom's debts continue to spiral amid crumbling home battle, Alex Murdaugh looks unrecognizable in new mugshot hours after sentencing, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP. A new Netflix true-crime documentary is tackling a bizarre story from the world of cryptocurrency. ET. Given the intrigue, some went so far as to question whether Mr Cotten had really died and demanded his body be exhumed. The Crypto King, aka Gerald "Gerry" Cotten, died in 2018, but his mysterious death is still a subject of controversy today. The circumstances sparked speculation from some in the crypto community that the CEO faked his death and stole his clients' money. https://bit.ly/3cAIH4j Newest Vid's https:. [17] In June 2017, Quadriga announced that they had lost ethereum worth US$14 million due to a smart contract error. The new documentary "Dead Man's Switch" looks at the mystery of Gerald Cotten, the QuadrigaCX CEO who unexpectedly died and some $250 in investors' money seemingly disappeared with him. Customers have since struggled to regain access to their money, citing withdrawl issues and lack of communication from the company. Then you get rid of the fees. Premieres in 2022 pic.twitter.com/rP9iFJHkWm. The company's CEO and founder, Gerald William Cotten, allegedly died in 2018 after traveling to India. "I kept asking them: Where's my money? Some people called for Geralds body to be exhumed. Is Gerald Cotten really dead? : r/QuadrigaCX - reddit So, Patryn: shit-stirrer, criminal mastermind or another one beguiled by Cotten? Bitcoin fraudster's widow breaks silence about the missing crypto Quadriga CEO's widow speaks out over his death and the missing - CBC All Filters. The streaming service announced the feature alongside a slate of upcoming true-crime projects last week. Then, out of the blue, one Mike Patryn joined the Telegram group that investors were using to discuss conspiracies. Business picked up when Bitcoin hit the big time in 2017, reaching prices close to $20,000. After some more digging, the reporter found an order form filled out by one Gerald Cotten. [38][39], According to some of Cotten's family members, there was a crypto "Dead man's switch" that would provide Quadriga with operating information in the event of his death; however, "neither the monitor nor others involved with the organization are aware of a dead-man switch email having been received. Gerald Cotten was the founder of one of Canada's largest cryptocurrency exchanges, Quadriga CX. Many believe that Cotten faked his death, however, as part of an exit scam to get away with. [27] Another payment processor used by Quadriga, Crypto Capital, was named in a civil suit filed by the New York Attorney General in April 2019. Resides in Beverly Hills, CA. My sisters not a liar.. Lived In Los Angeles CA, Austin TX, Van Nuys CA . When Quadriga CEO Gerald Cotten died suddenly in 2018, the passcodes for his cryptocurrency exchange died with him. Cotten was young, energetic, passionate about cryptocurrency so when. Directed by Luke Sewell, the original Netflix documentary Trust No One: The Hunt for the Crypto King follows a group of cryptocurrency investors hired to investigate the death of exchange founder Gerry Cotten and the alleged $250 million that he stole from them. Investors who lost $190m demand exhumation of cryptocurrency mogul Investors who believed that Cotten had faked his own death and ran away with the money had made one huge assumption: that Cotten had money to steal. I personally believe that Cotten is not dead but I would like to hear from people who know more than me about this topic and what they think about the situation. The funeral, according to a Redditor claiming to be a contractor for QuadrigaCX, said that it was a closed-casket affair, and that Jennifer was fake grieving and dancing at the funeral to bacchanalian excess, and even kicked out Geralds family. At this point, lots of investors think that Cotten, a man alleged to have a history of scamming, really had faked his own death. Despite presenting himself as mild mannered and clean cut, Cotten was found to have had a history of carrying out financial cons - starting when he was just a teenager. "[18], The company tried to raise money and list on the Canadian Securities Exchange (CSE) working with Patryn. "[40][41], Ernst & Young found five Quadriga cold wallet addresses, but they were empty, containing no cryptocurrency since April 2018. Mystery of crypto CEO who died, taking $250 million with him Its pretty much money by people for people.. Netflix announced an upcoming documentary about the Quadriga Bitcoin saga and the death of CEO Gerald Cotten. Quadriga's accounts are estimated to have held 190million ($250million). I personally believe that Cotten is not dead but I would like to hear from people who know more than me about this topic and what they think about the situation. Netflix has tried to get to the bottom of things in its, Trust No One depicts Cotten as a nerdy, happy-go-lucky, and charming CEO, who was knee-deep in, reporter that the banks, which didnt trust crypto exchanges, had, The investors found more questions than answers. Miller Thomson LLP sent a letter to the Royal Canadian Mounted Police on Friday, requesting authorities conduct an exhumation and postmortem autopsy on the body of Gerald Cotten, founder of QuadrigaCX, citing what the firm called the questionable circumstances around his death earlier this year. Some speculate that Cotten, who suffered with Crohn's disease, might actually be alive. Jennifer Robertson (Quadriga) - Wikipedia Re-thinking indemnification for smart contract risks", "Bitcoin investors face long delays cashing out, criticize two B.C. Then, as their accounts accumulated hundreds of millions of dollars, Gerald passed unexpectedly, taking the passwords to the accounts to his grave. CIBC stated that they could not determine the ownership of the money and could not contact Cotten or Quadriga. Likewise, the public was not much intrigued about their lives up until . The doctor stated that while dying from Crohns disease is very rare, Cotten appeared to show signs of illness and suffered from three heart attacks in the same day the paramedics were unable to resuscitate him after his third cardiac arrest. The podcast was hosted by Takara Small. Gerald Cotten is still alive (proof) : r/QuadrigaCX - Reddit Soon enough, QuadrigaCXs customers struggled to withdraw money from the exchange. In her memoir, Ms Robertson denies shes part of an elaborate plot to fake her husbands death, adding that speculation has led to death threats from stalkers demanding she returns the missing millions. Zou resorted to the cryptocurrency scheme to avoid bank charges when moving Vancouver, shifting his money from the US to a Canadian account. Robertsons sister, for the record, doesnt think that Cotten had fabricated his relationship with Jennifer. Gerald Cotten, 30, died abruptly in December 2018 of complications relating to Crohn's disease while on honeymoon in Jaipur, India, with his wife, Jennifer Robertson. Died, and He Had the Passwords", "Pre-filing report of the proposed monitor", "Controversial QuadrigaCX cryptocurrency exchange placed in bankruptcy", "Quadriga Should Shift to Bankruptcy Proceedings, Monitor Says", "FBI Probing Bitcoin Exchange Quadriga Over Missing $136 Million, Source Alleges", "Quadriga: Lawyers for users of bankrupt crypto firm seek exhumation of founder", "How Gerald Cotten built Quadriga and created the ensuing crypto storm", "Ponzi Schemes, Private Yachts, and a Missing $250 Million in Crypto: The Strange Tale of Quadriga", "Geek Speak: Gerald Cotton, CEO of Quadriga CX", "Crypto chaos: From Vancouver to Halifax, tracing the mystery of Quadriga's missing millions", "Quadriga's late founder used to store clients' Bitcoin passwords on paper so they wouldn't get lost", "A crypto exchange CEO dies-with the only key to $137 million", "Details emerging about Gerald Cotten, the young founder of QuadrigaCX", "My smart contract just ate $14 millionnow what? Reported by Fansided, Globe and Mail journalist Nathan Vanderklippe spoke to Dr. Sharma, who dealt with Cotten when he came into the hospital. [33] After the exchange was put into maintenance mode for several days in January, they announced on the 31st that they were applying for creditor protection. And not even. There was no autopsy on the body, for instance, and Cotten had signed his will two weeks after he diedleaving his riches to Jennifer. Gerald Cotten, the founder of QuadrigaCX, was thought to have had sole access to the funds and coins exchanged on it. It comes as we revealed some of the world's biggest crypto scams following the case of Bitcoin tradersRaees Cajee, 21 and Ameer, 18,who fledSouth Africa after allegedly pocketing 2.5billion. Everyone knows the story about the now-defunct QuadrigaCX . November 28, 2022 by Nurudeen. Mr Cotten, 30 at the time of his death, seemed to be living the dream life of a financial titan. Angry and suspicious investors congregated on Reddit and Telegram to try to get to the bottom of the mystery. , initially diagnosed Cotten with little more than travelers diahrrea, but kept him in hospital just in case. Mr Patryn pled guilty in 2005 to working in an identity fraud ring, and did business under a company called Midas Gold as an intermediary with Liberty Reserve, a Costa Rican digital currency firm busted as one of the largest money laundering operations in history. When Taylor Monahan, founder of MyCrypto, examined the exchanges cold wallets, she couldnt find the lost crypto. You get rid of a lot of the regulations, he said on a podcast in 2014. And meanwhile, Dead Man's Switch director Sheona McDonald said: "There's only two people who really know what happened in India.". Like many in the industry, he framed his enterprise not merely as a financial tool, but a radical societal change, touting the crypto gospel in podcast appearances and videos on YouTube. So what exactly happened to Cotten, and is he still alive somewhere sitting on a mountain of stolen crypto? Cotten's sudden death in 2018 led to the disappearance of millions of dollars. More than three years after the sudden death of Quadriga CEO Gerald Cotten and the revelations that the company was a massive cryptocurrency scam, his widow,. In other news, Attack on Titan Season 4 Part 4 to release Fall 2023, confirms new trailer, Trust No One: The Hunt for the Crypto King | Official Trailer | Netflix, https://i.ytimg.com/vi/vW2BPQ15OSw/hqdefault.jpg. [17], In 2016, Cotten became the sole director of Quadriga when all the other directors resigned. Criminal probes continue by the Royal Canadian Mounted Police and the FBI as leading digital investing publication Coindesk branded his death as the "crypto's biggest mystery". "What Quadriga really did with the money that customers gave it to buy Bitcoin remains a mystery," according to Chainalysis.