Netflix's latest true crime doc, "Trust No One: The Hunt for the Crypto King", seeks to unravel the mystery of Gerald Cotten, the CEO of crypto exchange QuadrigaCX, who died in 2018. After his death in December, his colleagues said that about $137 million in cryptocurrency belonging to about 115,000 customers was held offline in "cold storage" and inaccessible. Dying from Crohn's disease when only 1.6% of sufferers from this disease die of it and to happen to die from . I didnt know that Gerry was married, he says. Where was the rest of the money? TRUST NO ONE: THE HUNT FOR THE CRYPTO KINGFollow a group of investors turned sleuths as they try to unlock the suspicious death of cryptocurrency multimillionaire Gerry Cotten and the missing $250 million they believe he stole from them. I'm new to this subreddit, I apologise if anything I have said breaks the rules. Gerald 'Gerry' Cotten | FAKE Behind 'Hunt For The Crypto King' Netflix Either the funds were never received or quickly went missing. Gerald Cotten Really Dead ? Gerald Cotten Still Alive ? - Watch Full Some speculate that Cotten, who suffered with Crohn's disease, might actually be alive. When Quadriga CEO Gerald Cotten died suddenly in 2018, the passcodes for his cryptocurrency exchange died with him. Gerald Cotten was the founder of one of Canada's largest cryptocurrency exchanges, Quadriga CX. Then in January, 2019, Cottens wife Jennifer Robertson announced that he had died a month earlier. Uncertainty about the missing funds has fueled speculation that Cotten may still be alive. He was able to keep the venture, called S&S Investments, going for three months, before it folded and investors money was gone. It apparently had no formal accounting system. He was 30-years-old. All that money vanished into the crypto ether and only once investigations occured did people start to think that it may have been a scam all along. Netflix Special on Bitcoin Fraudster Gerald Cotten, His Wife, and QuadrigaCX. ", He added: "We thought we were looking for basically a rich guy who had stolen money, Now either [Cotten is] dead, or if hes alive, hes a gambling addict whos broke.". Up to C$250 million (US$190 million) in cryptocurrency owed to 115,000 customers was missing[2] or could not be accessed because only Cotten held the password to off-line cold wallets. And not even. [19], Some Reddit users have suggested that Cotten faked his own death in order to defraud customers through an exit scam, while others believe that Cotten's death exposed a Ponzi scheme. Do you have a story for The Sun Online Tech & Science team? Living a jet set life, he cruised the world on yachts, flew in private jets and investigators even released photos of piles of cash on his kitchen table. Then the Ontario Securities Commission opened an investigation. Customers reported that once they arrived, there was nobody in the office, or that there was no cash to be disbursed. The firm launched in 2014 amid a spectacular rise in the price of cryptocurrencies like Bitcoin, and was handling $1 billion in trades by 2017. Crypto CEO's Mysterious Death Will Be Made Into Netflix Doc April 2, 2022 Netflix Nobody was expecting Gerald Cotten, the CEO of Canadian Bitcoin exchange QuadrigaCX, to die at 30. Like the end of a classic Ponzi, the OSC said that due to Cottens bad trades, QuadrigaCX couldnt afford to credit customers who withdrew funds. 'Trust No One: The Hunt for the Crypto King' will be released sometime in 2022. Since his death, Cotten has been recast as a habitual scammer who would enjoy the thrill of knowing he was duping his customers and investors. He would grow up to be a cryptocurrency entrepreneur and run Canadas largest crypto exchange, QuadrigaCX, before dying under bizarre circumstances in 2018, leaving investors looking for a missing $180 million Canadian dollars. Re-thinking indemnification for smart contract risks", "Bitcoin investors face long delays cashing out, criticize two B.C. The OSC tugged on the same thread, but neither could get hold of him. I could have put it in stocks. TRUST NO ONE: THE HUNT FOR THE CRYPTO KING, a DONT F*CK WITH CATS-style investigative thriller, is now streaming on Netflix. 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. But when the banks, the law, and the. [7][8], Quadriga co-founder Michael Patryn was identified by The Globe and Mail as Omar Dhanani, who was convicted on identity theft charges in the U.S. and served 18 months in Federal prison. He was one of the wealthiest people in the crypto world, and his company was at its pinnacle. Gerald Cotten is still alive (proof) : r/QuadrigaCX - Reddit https://bit.ly/3cAIH4j Newest Vid's https:. Robertson has denied any knowledge of her husband's wrongdoing - and in 2019 returned $9million to the company to repay users. On this Wikipedia the language links are at the top of the page across from the article title. At this point, lots of investors think that Cotten, a man alleged to have a history of scamming, really had faked his own death. He is believed to have carried out Ponzi scheme scams since he was just 15 - such as playing a role in pre-crypto digital token eGold, according to investigator Amy Castor. And, wildly, was Jennifer, his wife, even real? The couple were on their honeymoon in India, where Jennifer had dreams of opening an orphanage. His body was repatriated to . It stated that Gerald Cotten committed fraud by opening accounts under aliases and crediting himself with fictitious currency and crypto asset balances, which he traded with unsuspecting clients and that "What happened at Quadriga was an old-fashioned fraud wrapped in modern technology. Did Cotten fake his own death, investors began to ask, absconding to lands anew under a new name and a surgically rejigged face? March 30, 2022. He appointed Peter Wedlake of Grant Thornton to be chief restructuring officer. His wife Jennifer Robertson said he had promised to create a mechanism that turned thepasswords over to her when he died. Conspiracy theorists insist that Cotten faked his own death, however, as many irregularities surrounding his death began to circulate, including a copy of his misspelled death certificate and the fact that his funeral had a closed casket. Gerald 'Gerry' Cotten | FAKE Behind 'Hunt For The Crypto King' Netflix | Where Are They Now?Subscribe Here! According to an investigation by Canada's Globe and Mail, Cotten. [31], Robertson filed an affidavit on behalf of the company which included a "Statement of Death" for Cotten, filed in Halifax, Nova Scotia, on 12 December 2018. Stay up to date with what you want to know. Either this is a 1 in 100 million coincidence or he is still alive. Before Quadriga: How shady ventures in Gerald Cotten's youth led to the Here Is Why People Think Gerald Cotten Is Still Alive. California (2) Massachusetts (1) Texas (2) Refine Your Search Results. The media dragged Gerald Cotten's wife, Jennifer Robertson, into the spotlight after his mysterious death. Netflix announced an upcoming documentary about the Quadriga Bitcoin saga and the death of CEO Gerald Cotten. Dhanani also had pleaded guilty to burglary and grand theft charges and had been deported to Canada. Bankruptcy trustees have managed to recover around $34million from Quadriga and $12million in assests from Cotten's estate - but the rest remains locked away in the digital world of crypto. The Netflix documentary will follow investors-turned-investigators looking into theories on the founder's sudden death. , one of the co-founders, registered the domain name for QuadrigaCXnot Gerry. Soon enough, QuadrigaCXs customers struggled to withdraw money from the exchange. Someone tracked Patryn to a scam forum called TalkGold, where Patryn talked to one user in particular, sceptre, a bunch. [17][20], In 2017, Bitcoin experienced a speculative frenzy rising in price from about US$1,000 to almost US$20,000. Even today, some investors remain unconvinced that Cotten really is dead. The OSC found that after 2016, QuadrigaCX stopped producing consistent data about its holdings, and that large volumes of cryptocurrencies were being sent to foreign crypto exchanges. 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. She had accompanied him to a hospital in Jaipur the previous day and he was diagnosed with septic shock, perforation, peritonitis, and intestinal obstruction. Obituary -Gerald Cotten Wife, Death Cause, Alive or Death? Wikipedia Jennifer, scared for her safety, entered a safe house. , and found an affidavit from Robertson saying that she didnt understand how QuadrigaCX operatedeven though one of Robertsons companies later wired cash to some of Quadrigas customers. That same month, Quadriga filed for creditor protection, and scores of angry investors began furiously questioning where their money went, even though only Mr Cotten knew the keys to the companys crypto vault and never set up a dead mans trigger to send them elsewhere in case he was incapacitated. [28], Quadriga used an unusual teller-window system for customers to withdraw their money. Did he Die? In January 2014 they installed the second Bitcoin ATM in Vancouver. Cotten's sudden death in 2018 led to the disappearance of millions of dollars worth of his investors' Bitcoin funds. [34][35], On 14 January 2019,[36] Quadriga announced that their CEO, Gerald Cotten, had died the month prior from Crohn's disease while doing volunteer work at an orphanage in India. https://www.blackhatworld.com/seo/hiring-a-programmer-website-like-bitstamp-bitcoin-trading-project.605236/. Gerald Cotten, who was born on May 11th, 1988, was raised in Belleville, Ontario, before relocating to Toronto to enroll at York University's Schulich School of Business. [6], Ernst & Young was appointed as an independent monitor while Quadriga was granted temporary legal protection from its creditors under the Companies' Creditors Arrangement Act. It is highly unusual for only a single executive to be the one with access to a company's fund, further muddying the waters around what happened to Cotten.

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