2023 NYP Holdings, Inc. All Rights Reserved, FTXs NishadSingh pleads guilty to fraud, conspiracy charges, Alexis Ohanian used $50M crypto windfall to buy Serena Williams 17-carat engagement ring, SBFssprawling alleged campaign finance scheme detailed in new indictment, Sam Bankman-Fried reportedly caught napping during flight to NYC court hearing, Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts, luxurious Oberoi Rajvilas Hotel in Jaipur. She also believed that their assets were bought from their own money. When Canadian blockchain whiz Gerald Cotten died unexpectedly last year, hundreds of millions of dollars in investor funds vanished into the crypto ether. A NEW documentary on rogue crypto trader Gerald Cotton, who took up to $215million in Bitcoin and other digital currencies to his grave, has sparked rumours he may have faked his death. Eighteen months after Gerald Cotten, founder and Chief Executive Officer (CEO) of QuadrigaCX, was reported to have died while doing volunteer work at an orphanage in India, and most crypto users . What really happened to Gerald Cotten, Netflix's Crypto King? While Jennifer said she stopped processing payments in 2016, customer receipts showed the firm continued paying customers in 2017. We've received your submission. [1][2][3][4][5][6] Investors were distressed when told that encrypted digital assets he controlled, for them, could not be accessed, because only he knew the access codes. Widow of Bitcoin trader Gerald Cotten who died owing $215M tells of According to VanderKlippes reporting, they planned to stay in Jaipur for four days. Is Quadriga's Gerald Cotten Still Alive? The 'Exit Scam' Podcast Aims Gerry Cotten in Netflix Documentary: The Story of the 'Dead' Crypto At least, that was the case for Vancouver-based exchange QuadrigaCX. Cotten is thought to have methodically gone about his "death," naming his wife the sole executor of his estate 12 days before passing, and bequeathing properties from a jointly operated . Essentially, Gerry gambled away customer money through trading. So, this could be one of the main reasons contributing to her sudden disappearance. Gerald was only 30 years when he died in 2018. And when Cotten, the founder of QuadrigaCX, which now owes more than $260 million in cash and cryptocurrency to thousands of people, first turned his focus to Bitcoin, he found there weren't many ways to buy the cryptocurrency in Canada. Eventually, an investigation revealed that Gerry had committed fraud using customer money. There were legitimate banking issues. So, this could be one of the main reasons contributing to her sudden disappearance. Over three years, Mr. Cotten liquidated $80-million worth of bitcoin through an offshore exchange, some of which came from Quadriga. Newsweek Newsletter sign-up > In December 2018, Cotten died during his honeymoon with his wife,. However, Gerrys death was not declared for more than a month, and during that time, it was business as usual for QuadrigaCX. According to his widow, Jennifer Robertson, Cotten was the only one who knew the passwords to QuadrigaCX's offline crypto storage, meaning that digital currency that was worth around $200 . Jennifer also declined CBCs repeated requests for an interview. Everyone Practices Cancel Culture | Opinion, Deplatforming Free Speech is Dangerous | Opinion. His sudden death, according to. Trust No One: The Hunt for the Crypto King delves into the circumstances surrounding Gerrys death and what happened to the company after that. In December 2018, Cotten and Jennifer traveled to India for what was said to be a honeymoon. Bitcoin fraudster's widow breaks silence about the missing crypto Join half a million readers enjoying Newsweek's free newsletters. CIBC had called for the court to take the frozen funds in trust, and conduct its own determination as to its genuine owners. Gerry was smiling and telling people not to worry, promising them that they would get paid, Gerard said. So, if youre curious to find out more, weve got you covered. Jennifer stating that she had no access to the cold wallets, companys co-founder also had a history of fraudulent behavior. Its not the first project to dig into the mystery: Journalists Aaron Lammer and Lane Brown investigated the story for two years for their podcast Exit Scam, and Vanity Fair published an extensive investigation in 2019. And on December 8 Gerald Cotten along with his wife visited Jaipur where they checked into the Oberoi Rajvilas under their four days pre-reservations. Widow of Quadriga crypto founder Gerald Cotten says she had no idea about the $215-million scam In an exclusive interview, Jennifer Robertson speaks out publicly about her deceased husband,. But blood work showed Cotten had developed septic shock. Before his death made headlines worldwide, Gerald Cotten had just been a 30-year-old guy working in digital finance. Supposedly Gerry was the very first person Jennifer swiped right on when she started using the app. I took out three loans from the bank and put it all into crypto. 2023 Cinemaholic Inc. All rights reserved. The site is said to have attracted a strange brew of people who ranged from gullible suckers to sharp hustlers hoping to rope them in. Medical experts also noted that the mortality rate of Crohns disease is relatively low but have speculated that Gerry might have had a perforated bowel. We cover breaking news related to Entertainment, Politics, Sports, Movies, Television, Current Affairs, and More. Is Gerald Cotten Still Alive? Did Gerald Cotten - The Cinemaholic Dead Man's Switch: A Crypto Mystery: Directed by Sheona McDonald. What Happened to Jennifer Robertson and Where Is Gerald Cotten's Wife Now? CBC News. Netflixs new documentary about Cotten and the mystery of his death, Trust No One: The Hunt for the Crypto King, explores the mystery of Cottens death and the paranoia and conspiracy theories that circulated amongst Quadriga investors about whether or not he might still be alive. The status of a request to exhume the body of a cryptocurrency businessman remains a mystery. Gerald William Cotten is now dead and apparently he has taken to his grave passwords that would grant access to around Rs 1,000 crore worth of cryptocurrency that may never again be recovered. Gerald Cotten, owner of a Canadian cryptocurrency exchange, died in December 2018, leaving behind $190 million in cryptocurrency for which he had the only password." Enza Uda; Joan Webber (2021-05-25). That's just one of the questions explored in the documentary Dead Man's Switch a crypto mystery (part of the 2021 Hot Docs festival), which takes you on a deep, but explanatory, dive into the mysterious death that left $215 million dollars in cash and cryptocurrency missing. Theyre still waiting. Before his death, he also attended the Canada Institute Payment Forum. Nonetheless, Jennifer has authored a book. Canadian businessman, Gerald Cotten, was recently married and celebrating his honeymoon when he unexpectedly died. , which amounts to approximately US $195 million. Crypto CEO's Mysterious Death Will Be Made Into Netflix Doc But his condition worsened the following afternoon, with blood tests indicating a septic shock. The Hunt for the Crypto King: Where is Jennifer Robertson now? Where Is Gerald Cotten's Wife, Jennifer Robertson Now? - Ecelebritymirror Because the crypto industry was a lot less diverse back then, QuadrigaCX only dealt in the trade of Bitcoin (though it soon developed to take on the likes of Ethereum and Litecoin). September 27, 2021 by Sunil Chaulagain. placement: 'Below Article Thumbnails 2nd', The closed-casket funeral took place in Halifax, Nova Scotia. A NEW documentary on rogue crypto trader Gerald Cotton, who took up to $215million in Bitcoin and other digital currencies to his grave, has sparked rumours he may have faked his death. His friends described him as him being 'very nerdy' and an introverted kid who struggled to fit in. Adding to their woes was Gerrys prior history of fraud, and the companys co-founder also had a history of fraudulent behavior. Cryptocurrencies are volatile, and unregulated. And not everyone bought the story. Mr. Cotten died when he was on a trip to Jaipur, India. In the year 2014, Gerald through his company Quadriga Installed the Bitcoin ATM in Vancouver. mode: 'thumbnails-a', In February 2019, Jennifer insisted she was not privy to the companys business, asserting that Gerry was solely responsible for its dealings. Gerry was 26-years-old when they first met and just getting into Bitcoin. About this same time, according to court documents filed two years later, Quadriga's "Chris Markay" accountan alias controlled by Gerald Cottenis credited with $100 million fake bucks. However, a third cardiac arrest resulted in his death at about 7:26 pm. In his childhood, he raised a good interest in business-related things and other facts. A source in the film, identified only as Ryan, a Quadriga creditor, describes the overall feeling as panic, worry, just a cocktail of negative emotions., As soon as I saw that notice [on Quadrigas Web site], I knew the money was gone, said McDonald, who was not only making a movie about cryptocurrency but also modestly investing in it through Quadriga. The Secret Life and Strange Death of Quadriga Founder Gerald Cotten Likewise, the public was not much intrigued about their lives up until Geralds name got tainted by him being a fraud. Most Crypto Users Think QuadrigaCX CEO Faked Own Death - Cointelegraph The pair were then enjoying their honeymoon in Jaipur, India. His body was repatriated. Review: 'Bitcoin Widow,' by Jennifer Robertson (QuadrigaCX) Gerald Cotten (born 11 May 1988, age: 30 years) was a businessman and Quadriga Fintech Solutions owner from Canada. According to a court filing, c$180 million was missing, c$250 million was owed to customers and the passcodes for company accounts were known only by Cotten. The last one killed him. Netflix announced an upcoming documentary about the Quadriga Bitcoin saga and the death of CEO Gerald Cotten. Exit Scam is a true crime podcast that looks at the case of Gerald Cotten, the founder of Canada's biggest Bitcoin exchange, who died in 2018 under mysterious circumstances during a honeymoon trip to India. target_type: 'mix' However, Jennifer had claimed in her court documents that she hadreceived threats and slanderous comments. It was one of the only games in town [for crypto enthusiasts], Sheona McDonald, who directed the doc, told The Post. It didnt hurt that Quadriga entered the crypto game at an opportune moment. container: 'taboola-below-article-thumbnails-3rd', Wiki, Biography & Facts About Chris Daughtrys Daughter, Schulich School of Business at York University. placement: 'Right Rail Thumbnails', A source in the doc goes so far as to bring up a substance known as Haitian zombie powder that can supposedly be used to fake death: You appear dead for a few days, until you get the cure., Zou is 80 percent sure that [Cotten] is dead., McDonald agreed: If he had been cremated in India, I would be more suspicious.. Nevertheless, there has been no evidence that points to Gerry being alive. Furthermore, Gerry had signed his will less than two weeks before his death, signing over all his assets to Jennifer. Naasnya, ia harus kehilangan 500 ribu dolar Kanada (sekitar Rp 5,7 miliar) setelah Gerald Cotten, CEO Quadriga CX, meninggal dunia dan tidak memberikan password untuk membuka kunci akses mata uang kripto di platform tersebut. When crypto boss Gerald Cotten died in 2018 he took with him a fortune of up to $CA215 million ($A234 million) in bitcoin and other digital currencies. Se convirti en un empresario de criptomonedas y dirigi el mayor cambio de criptomonedas de Canad, QuadrigaCX, antes de morir en circunstancias extraas en 2018. Consequently, the public knows little about the relationship between the now-dead Gerald and his widow. That would be with Gerald Cotten, her former husband, a controversial Canadian cryptocurrency businessman who suddenly died in 2018, leaving behind a trail of missing millions, lawsuits,. According to the documentary, Cotten had long suffered from Crohns disease but kept quiet about it. Cryptocurrency firm CEO dies in Jaipur, Rs 1,000 crore may vanish from Is Gerald Cotten, the late CEO of Canada's largest cryptocurrency exchange QuadrigaCX really dead? _taboola.push({ This page was last modified on 1 October 2021, at 00:58. RESENSIES. After noting that Cotten was "pleased" that the case was moving forward they quoted him saying[12]: According to the Halifax Chronicle Herald the company released documents in mid-January 2019, that showed he died "suddenly" at a private hospital in Jaipur, India. But users claimed they received deposits from Jennifer directly, seemingly contradicting her statement. Who could be sure thered been a body in there at all? He was better known for working on the post of CEO at Quadriga Fintech Solutions. Nonetheless, given that the two had been together for years, we can assume that they had a great relationship. The reason for her sudden disappearance remains a mystery. This story has been shared 119,476 times. They would bring it to you in shoe boxes or big envelopes, McDonald said. After Gerrys death became public, she maintained that the attorneys decided to hold off on announcing it earlier. The sham ran for three months before shutting down with investors money disappearing. She was allowed to keep money, a car, her wedding band, some jewelry, and shares in Quindraga Fintech, among other things. The 30-year-old created fake accounts on his platform and used them to trade fake Bitcoin for real money and digital currency. But what people did not expect was for the crypto legend to die with the only password to millions of dollars worth of digital assets. The teen, a bright computer enthusiast from Belleville, Ontario, ran the operation on an online forum called TalkGold . During 2017, when the exchange was up to speed and running, the currencys value jumped to $13,000. Netflixs new documentary about Cotten and the mystery of his death. He didnt give enough time. Shortly thereafter, Cottens heart stopped beating. As the crypto market tanked, month by month clients saw their life savings evaporating. Lawyers from the firm Miller Thomson asked Canadian police in a letter dated Friday to exhume the body of QuadrigaCX founder Gerald Cotten amid conspiracy theories around his death, which led to . Details emerging about Gerald Cotten, the young founder of QuadrigaCX At the time, he was the CEO of QuadrigaCX, a company that performed cryptocurrency exchanges. Exit Scam on Apple Podcasts Trust No One: New Doc Looks at Mysterious Death of Canadian Crypto King According to an investigation by Canada's Globe and Mail, Cotten died from complications related to Crohn's Disease and Robertson returned to Canada with his body. He there faced a serious complication of Crohns disease. An In-Depth Look at Naomi Girmas Salary in Professional Soccer. The news of his demise reached us almost about a month later after he actually passed away on 9 th December 2018. However, no one could be more shocked than the crypto community when they later found out that Gerald was the only person with the passcodes to customer funds. What Can Be Done To Protect Them? He would tell you that he ran a fabulous Bitcoin exchange, Gerard said. A Q&A with the host of 'Exit Scam,' a podcast about QuadrigaCX - Mashable From hair trends to relationship advice, our daily newsletter has everything you need to sound like a person whos on TikTok, even if you arent. This was for good reason. From an early age, Cotten was interested in computers. They were to sponsor an orphanage in the country as well. Gerry had been dealing with Crohns disease for a long time, an ailment that caused inflammation of the digestive system. His clients were locked out of about $250 million, and investigators later. Wiki, Wife, Children, Net Worth, Family,, Vijay Sharma (Coach) Wiki Biography, Age, Wife, Family, Career,, Shanaya Khan: Wiki, Age, Husband, Parents, Net worth, Height, Biography, Who is Arulselvi Vivek? Remember that crypto . 'Trust No One: The Hunt for the Crypto King' Trailer: Watch - Netflix Tudum [20] It is scheduled to premiere in 2022.[21]. However, his wife claimed that she had no idea how the founder handled his finances. Gerald when died was holding an approx net worth of $140 million USD. Gerald Cotten, 30, held the virtual keys to a whopping $137 . At the time of his passing, he had over CA$250 million [$200 million] and the passwords to Quadriga's accounts. Gerald Cotten was the talk of the cryptocurrency world in Canada after he introduced QuadrigaCX, a place where investors could buy and sell cryptocurrency. At one point, there were calls for Cotten's grave to be exhumed for an autopsy to be performed on the body "to confirm both its identity and the cause of death". Among the hard-hit was Tong Zou, who works in technology and put money in Quadriga. Gerald Cotten was too good to be true. In 2018, Gerald Cotten, the founder of Canada's biggest Bitcoin exchange, died under mysterious circumstances during a honeymoon trip to India. Gerry Cotten is not alive. Since Cotten's passing, there have been numerous rumors and conspiracy theories that he is still alive. Some have even questioned whether or not Cotten really died. ", https://web.archive.org/web/20211001005751/https://d1softballnews.com/maxi-theft-of-cryptocurrencies-are-bitcoins-safe/, http://en.wikialpha.org/mediawiki/index.php?title=Gerald_Cotten&oldid=226679, alleged to have wrapped a ponzi scheme around a ponzi scheme. Few knew, however, that the two partners had already cut their teeth on identity frauds, money laundering, pyramid schemes and other questionable get-rich-quick gambits. After Gerry died, no autopsy was conducted, and the body was sent back to the hotel. In 2017 when a hike in the price of Bitcoin was seen from $1000 to $20000 Gerald remained successful in exchanging $1.2 billion Canadian dollars at his Quadriga exchange. He was better known for working on the post of CEO at Quadriga Fintech Solutions. Set against the backdrop of the tumultuous and sometimes nefarious world of cryptocurrency, Dead Man's Switch is a feature length documentary, a cautionary tale, about the short life and mysterious death of QuadrigaCX CEO, Gerald Cotten. His condition was so severe that there were few options for treatment. Some thought he was moving around, using different names whilst others suspected that if he was dead, he was either murdered or had taken his own life. Gerald Cotten founded Canadian Bitcoin Exchange Quadriga. Indian authorities maintain that Cotten, whose body was repatriated to Nova Scotia for a small closed-casket funeral, died on Dec. 9, 2018, shortly after checking into a luxury hotel in Jaipur. On November 30 he visited India with his wife Jennifer and first landed in New Delhi on a behalf of Tourist Visa. Three years after Cottens murky death, most of the missing money has yet to materialize; the majority of what was found can be tied to funds frozen by the Canadian bank. Geralds death came as a shock and sparked an outpouring of grief. Gerald Cotten, who was born in Fall River man, died in 2018 in India at the age of 30, taking with him the access codes for about $190 million in investments allegedly stored in encrypted "wallets." - File. By subscribing to this BDG newsletter, you agree to our. It was then revealed that Gerry presumably happened to be the only person with access to the digital keys to the cold wallets that held the cryptocurrency. Rumors circulated at the time that Robertsons husband had faked his death and fled with millions of dollars. Regarding speculation that he was still alive, Jennifer said, I saw Gerry die; I was holding his hand when he passed away. It collapsed in early 2019 after the founder, Gerald Cotten, died in India.