Exit Scam: With Aaron Lammer, Gerald Cotten. Before leaving, according to Vanity Fair, he bragged about money going further in India than it does in Canada. Quadriga Fintech Solutions was founded and led by Gerald Cotten. The couples marriage came around when Bitcoins value began to plummet, leading to customers wanting to withdraw their money from QuadrigaCX. Essentially, Gerry gambled away customer money through trading. Before his death made headlines worldwide, Gerald Cotten had just been a 30-year-old guy working in digital finance. Gerald Cotten was too good to be true. Jennifer now lives in Halifax in Nova Scotia, Canada, with her two pet dogs. Is Gerald Cotten, the late CEO of Canada's largest cryptocurrency exchange QuadrigaCX really dead? target_type: 'mix' Powered by WordPress.com VIP. There is no doubt that Cottens death saddened his family and close ones. Before his death, he holds a certification in CryptoCurrency. He completed his graduation from Punjab University. ets hope that the public will get some clarity surrounding the allegations and rumors surrounding her late husband from her book. Trust No One tells the shocking story of Gerald 'Gerry' Cotten, charting his rise to the top of Bitcoin and his dramatic fall, leaving his legacy tarnished. A combination of these suspicious circumstances and theories led to calls for Gerrys body to be exhumed to confirm his death. mode: 'thumbnails-rr', Consequently, the public knows little about the relationship between the now-dead Gerald and his widow. Since Cotten's passing, there have been numerous rumors and conspiracy theories that he is still alive. He loves to create content on the internet. Exploring Sofia Huertas Salary and Career What We Know About Sofia Huertas Boyfriend? Trust No One: The Hunt for the Crypto King, "Cryptocurrency exchange Quadriga seeks creditor protection after founder's death", https://web.archive.org/web/20190210085354/https://www.thechronicleherald.ca/news/regional/cryptocurrency-exchange-quadriga-seeks-creditor-protection-after-founders-death-281536/, "Quadriga founder's widow moved 4 Nova Scotia properties further from creditors' reach", https://web.archive.org/web/20190207233137/https://www.thechronicleherald.ca/news/local/quadriga-founders-widow-has-four-ns-properties-moved-further-from-creditors-reach-281971/, "Details emerging about Gerald Cotten, the young founder of QuadrigaCX", https://web.archive.org/web/20190210085617/https://www.thechronicleherald.ca/news/canada/details-emerging-about-gerald-cotten-the-young-founder-of-quadrigacx-282555/, "Nothing sinister about bitcoin company CEO's sudden death, friend says", https://web.archive.org/web/20190208233316/https://www.thechronicleherald.ca/news/local/nothing-sinister-about-bitcoin-company-ceos-sudden-death-friend-says-282508/, "QuadrigaCX founder left $9.8m in personal property, over a million in Nova Scotia", https://web.archive.org/web/20190209232144/https://www.thechronicleherald.ca/news/local/quadrigacx-founder-left-98m-in-personal-property-over-a-million-in-nova-scotia-282988/, "Quadriga CEO, whose death ignited a cryptocurrency storm, a kind man with taste for fine things, say friends", https://web.archive.org/web/20190209152552/https://www.cbc.ca/news/canada/british-columbia/quadriga-gerald-cotten-friends-react-to-his-death-in-india-michael-patryn-canada-cryptocurrency-creditors-1.5009625, "Canada: Dealing With Digital Assets On Death: Who Owns Them? We can all agree that the cryptocurrency fiasco involving Jennifer Robertsons deceased husband thrust her into the spotlight out of nowhere. Gerald Cotten was the founder of Quadriga CX, once Canada's largest cryptocurrency exchange. But no autopsy was performed on Cottens body, so nobody can be sure why, exactly, he died a fact thats encouraged conspiracy theorists who believe that Robertson poisoned her husband or that hes not dead at all. Contact us: Newsunzip@gmail.com, Gerald Cotten Wife, Death Cause, Wiki, Biography, Net Worth, Age, Parents, Siblings & Facts, Gerald Cotten Wiki, Biography (Early Life, Age & Education), Bitcoin Fraudster Gerald Cotten Bio/Wiki (Death Proof), Gerald Cotten Family (Nationality & Ethnicity), Gerald Cottens Mother, Dad, Sister, Bro & More, Gerald Cotten Age, Birthday, Death Date & Zodiac Sign, Gerald Cotten Height, Weight & PhysicalAppearance, Gerald Cotten Career, Documentary & Bitcoin Fraud, Gerald Cotten Wife, Girlfriend, Honeymoon & Marriage, Gerald Cotten Children, Son, Daughter & Personal Life, Gerald Cotten Net Worth, Income Source & Salary, Gerald Cotten Wikipedia/ Instagram / Twitter. G erald Cotten was 15 when he ran his first documented get-rich-quick scheme. Powered by WordPress.com VIP. He founded the company in order to take advantage of the revolutionary . In December 2019, investors were clamoring for Cottens body to be exhumed in order to verify the cause of death. Investors remained inaccessible for withdrawing their Bitcoin because Gerald Cotten was the only sole owner of the encrypted password of the QuardigaCX. Cotten grew up in Toronto, Canada, where his parents owned an antique store. He would say he has money because he is a fabulous businessman., But, in reality, Gerard alleged, Cotten was nothing more than an old-fashioned embezzler with a modern angle: He co-mingled customer funds and company funds. Since January 2018 QuardigaCx is locked due to litigation processor followed by Canadian Bank and $28 million of its assets have been frozen by the Canadian banks. Let us also find out about the whereabouts of the famous QuadrigaCX founders widow. Back in India, the gastroenterologist stated that he couldnt be sure about the diagnosis without the autopsy. He was buried five days after passing away. He continued raising money with this exchange and also tried successfully in getting his company listed on Canadian Securities Exchange. 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,. However, his wife claimed that she had no idea how the founder handled his finances. Dead Man's Switch: A Crypto Mystery: Directed by Sheona McDonald. Canada is notorious for having a lot of nice, trustworthy people and a buttload of others who exploit them, Gerard told The Post. Unfortunately, the honeymoon was short-lived, and Cotten was declared dead within 24 hours of their arrival in India. Before his death, he also attended the Canada Institute Payment Forum. Around 75,000 customers of Cottens QuadrigaCX crypto exchange suddenly lost fortunes they had earmarked for everything from tuition to retirement funds, life savings and mortgages. Gerald "Gerry" Cotten was initially believed to be a savvy entrepreneur who found success when he founded Quadriga Fintech Solutions (QuadrigaCX) in 2013, a Canadian cryptocurrency exchange. In December 2018, Gerry Cotten mysteriously died at the age of 30 during a trip to Jaipur, India. The young entrepreneur seemed to be at the height of his success, traveling around the world with his wife, Jennifer, and leading a jet-setting lifestyle. _taboola.push({ He had thick sweeps of strawberry-blond hair, boyish enthusiasm and the kind of sunny disposition that made people want to be around him. And Cotten made it easy. However, one person seemed perfectly flush through all of this: The Talented Mr. Cotten. 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,. She has co-authored a book titled Bitcoin Widow: Love, Betrayal and the Missing Millions that details her experiences with Gerry. So, if youre curious to find out more, weve got you covered. [16], Takara Small, of the Canadian Broadcasting Corporation, broadcast a podcast about Cotten, on May 25, 2021.[17]. There were legitimate banking issues. As for the death certificate, Gerrys name was misspelled on it, fueling theories about its authenticity and how easy it was to buy fake documents in India. I ended up losing my life savings I lost $400,000, he said in the documentary. It didnt hurt that Quadriga entered the crypto game at an opportune moment. In December 2018, Cotten and Jennifer traveled to India for what was said to be a honeymoon. Gerald Cotten operated Quadriga like Ponzi scheme, the OSC said. During 2017, when the exchange was up to speed and running, the currencys value jumped to $13,000. As a result, Jennifer had to deal with the legal ramifications. As heard in Trust No One, some Quadriga investors believed Cotten faked his own death and ran off with millions as part of an "exit scam," others believed he had his face modified by a plastic surgeon and was no longer recognizable. He was the owner of luxury assets like cars, boats, yachts, and private jets. mode: 'thumbnails-a', Cotton Gerald Cotten did die in India in December 2018. ", https://web.archive.org/web/20211001004435/https://filmdaily.co/obsessions/best-crime-pod/, "Maxi theft of cryptocurrencies: are bitcoins safe? Among the hard-hit was Tong Zou, who works in technology and put money in Quadriga. Following the fiasco, Gerald Cottens spouse has vanished off the face of the earth. According to the Netflix documentary, at least 110,000 customers were affected. On September 26, 2021, Netflix announced plans to broadcast a documentary series focussed around the investigatory efforts of Quadriga investors who believed Cotton faked his death. The 30-year-old's sudden death from complications of Crohn's disease shocked the crypto world - but many believe he may have faked his demise in an elaborate "exit scam". Some felt that Gerry taking flying lessons was a way of preparing to live life on the run. However, his sudden death in December 2018 and the circumstances surrounding that sparked intense speculation; a few believed Gerald faked his own death. His body was repatriated. Paul Murdaugh Wiki, Biography, Birthday, Parents, Girlfriend, Siblings, Death, Age, Kelsey McEwen Wiki (Meteorologist) Age, Husband, Parents, Salary, Education, Biography, Who is Laura Louie? His death was somewhat mysterious to begin with and got even more mysterious when it was revealed that he had not left behind the passwords to unlock Quadriga's cold storage wallets. In February 2019, Jennifer insisted she was not privy to the companys business, asserting that Gerry was solely responsible for its dealings. In the early 2000s, he met Patryn, who was six years older and has a mysterious past. Investigations revealed that Cotten . In 2019, Quadriga ceased operations and filed for bankruptcy. Before getting died it is claimed that Gerald Cotten on November 27, 2018, signed a will in which it was stated that after his death his financial assets will be distributed between his wife, parents, and siblings, He stated in his Will that his parents will become the sole owner of his Sailboat and his brother Bradley will become the owner of his private aircraft (Cessna 400.). (adsbygoogle = window.adsbygoogle || []).push({}); Gerald Cotten was the founder of QuadrigaCX, once Canadas largest cryptocurrency exchange. As the crypto market tanked, month by month clients saw their life savings evaporating. However in 2016 even after raising $850000 Canadian dollars, he ended the idea of listing Quadriga with CSE. [19] The series will be entitled Trust No One: The Hunt for the Crypto King. People wanted to withdraw and they couldnt, said Gerard, explaining that the shortfall was exacerbated by a computer mishap that resulted in $14 million of Ethereum disappearing from Quadriga and by Canadian Imperial Bank of Commerce freezing $21 million of Quadrigas funds due to perceived financial irregularities. placement: 'Right Rail Thumbnails', Canadian businessman, Gerald Cotten, was recently married and celebrating his honeymoon when he unexpectedly died. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Gerald Cotten Defrauding Some believe that he unsuccessfully gambled with his clients money, shifting it into different currencies and trying to arbitrage buying and selling securities or currencies simultaneously to capitalize on price differentials. Margi Murphy; Hasan Chowdhury; Harry de Quetteville; Saurabh Yadav (2020-03-15). , which amounts to approximately US $195 million. This meant that multiple customers were missing over $180 million. By then, Quadriga ruled as the largest crypto exchange in Canada, putting through more than $1 billion of transactions in 2017. He remained successful in exchanging $7.4 million Canadian dollars in Bitcoin through his exchange Quadriga. She was apologetic about people losing their money, saying, I would have never, ever stolen from other people. 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 after checking into a Jaipur hotel Gerald complained of stomach pain and then was admitted to Fortis Escort Hospital. 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. 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. After one month before going on a honeymoon with his wife. The company took a cut from every Bitcoin trade on its platform. So, this could be one of the main reasons contributing to her sudden disappearance. His sudden death, according to. 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. window._taboola = window._taboola || []; 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". On Jan. 14, 2019, more than a month after Cotten had passed away, the Quadriga community was notified of his death. }); window._taboola = window._taboola || []; But his condition worsened the following afternoon, with blood tests indicating a septic shock. Wat het met Gerry Cotten gebeur? But Quadriga was running out of money.. 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. Jennifer stating that she had no access to the cold wallets, companys co-founder also had a history of fraudulent behavior. Later, she wasallowed to keepher wedding band, jeep, personal retirement savings fund, and $90,000 cash. With heavy hearts, we announce the death of Gerald Cotten of Anoka, Minnesota, born in Minneapolis, Minnesota, who passed away on July 28, 2022 at the age of 97. Gerald Cotten was the talk of the cryptocurrency world in Canada after he introduced QuadrigaCX, a place where investors could buy and sell cryptocurrency. From an early age, Cotten was interested in computers. But after his death in December 2018 the investor in QuaridgaCX faces a huge loss because $142 million USD Bitcoins got locked in offline wallets that were inaccessible. Regarding speculation that he was still alive, Jennifer said, I saw Gerry die; I was holding his hand when he passed away. However, Gerrys death was not declared for more than a month, and during that time, it was business as usual for QuadrigaCX. "A death in Cryptoland". They responded with shock and mourning one described him as a kind man with fine taste even as they struggled to withdraw money from his company. I don't know who this other person is, but he's let me down so much.". mode: 'thumbnails-a', As the news of his untimely death unfolded, the world learned that it wasn't. At the time of his death, he was a wealthy man. But before his death, he already made his family the owners of his millions of dollars of assets. Gerald Cotten was the founder of Quadriga CX, once Canada's largest cryptocurrency exchange. 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. Gerald Cotten, el hombre que se llev a la tumba la contrasea para acceder a US$190 millones en criptomonedas Su muerte prematura forz el cierre de QuadrigaCX, que lleg a tener hasta 115.000. In December 2013, Gerald William Cotten launched QuadrigaCX, a crytocurrency exchange where people could trade in digital currency using real or virtual . Hot on the heels of Bad Vegan and The Tinder Swindler, true crime enthusiasts cannot get enough of con artists, fraudsters and multi-million dollar scams. 1 April 2022. It is actually plausible that he is not dead even though I have no idea how likely that is, he told The Post. In July 2021 Winnipeg documentary filmmaker Sheona McDonald premiered a documentary about Cotten, entitled "Dead Mans Switch", at the Gimli Film Festival. Gerald Cotten is a bitcoin millionaire from Canada whose death, supposedly from complications relating to Crohn's disease, is now being questioned. Wiki, Age, Net Worth, Kids, Family,, Who is Mason Amos? Heres how it happened. They believed that the circumstances were suspicious enough to think he might have faked his own death in a sinister scheme to keep all the money. So, Cottens death remains a mystery to this day. After his wife, Jennifer Robertson, announced his death on Facebook in January 2019, conspiracy theories quickly began circulating amongst Quadriga users who believed Cotten wasnt dead at all, and had in fact pulled an exit scam: faked his own death and dropped off the map, taking the money theyd put into Quadriga with him. was the founder of QuadrigaCX, once Canadas largest cryptocurrency exchange. 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.