You can select 'Manage settings' for more information and to manage your choices. In a court affidavit, she said it was “completely unexpected.” The OSC said in a report Thursday that a fraud perpetrated by Cotten … ... 2018, six days before Cotten was said to have died during his travels in India. He parents owned an antiques store. A Vanity Fair article described how Gerald Cotten went by the name Gerry and had a girlfriend (and eventual wife) who was a property manager named Jennifer Robertson. Ernst & Young “alleged Cotten had created Quadriga accounts under different names,” and received “Substantial funds,” according to The New York Post. March 1, 2019. According to a Lengthy Vanity Fair profile on him, Cotten was “a founder and the CEO of Quadriga, Canada’s dominant Bitcoin exchange…He ran the business from his MacBook Pro, which he always carried with him.”. “I’ve seen Gerry walk through an airport with $50,000 in cash. In addition, he owned a single-engine airplane and a Lexus. “The couple lived in a three-bedroom in Fall River, north of Halifax, a rich suburb only recently carved out of a forest near a long dark lake,” the Vanity Fair article reports, adding that he also owned two other homes and 14 rental properties throughout Canada. Robertson confirmed his death to Globe and Mail and said he was “no stranger to this kind of discomfort.” No autopsy was done. However, making things more mysterious, according to Register, Ernst & Young, a company hired to track the money for investors, was eventually “able to access five of Quadriga’s six offline cryptocurrency wallets that supposedly only Cotten could unlock,” but determined that “all five had been cleaned out by April 2018,” with a sixth emptied six days before Cotten died. Quadriga’s founder and CEO, Gerald Cotten, who lived in Nova Scotia, died in a Jaipur hospital in the northern state of Rajasthan while travelling in India in December due to complications of Crohn’s disease. Lawyers representing investors in what BBC called the “bankrupt cryptocurrency exchange QuadrigaCX” want Cotten’s body exhumed. Officials weren’t certain of the diagnosis, according to Globe and Mail. Close. According to a Lengthy Vanity Fair profile. “I had no direct knowledge of how Gerry operated the business prior to his death, and was not aware of his improper actions,” she said through a statement to CBC. Online conspiracy theories have alleged that Gerald Cotten might have faked his own death and taken the money. He was resuscitated twice and placed on a ventilator. A forensic investigation revealed those wallets were empty, and that Cotten used aliases to transfer clients’ funds into his own accounts.”, Gerald Cotten, 30, was the CEO of QuadricaCX, the largest cryptocurrency exchange in Canada which defaulted last year following his death while abroad with his wife Jennifer Robertson. Jennifer Kathleen Margaret Robertson (born 1988 as Jennifer Griffith) is a Canadian real estate developer best known as the heir and widow of the CEO of the controversial QuadrigaCX cryptocurrency exchange.. Robertson and Gerald Cotten were in a relationship for several years, prior to their June 2018 marriage. Quadriga CX, on January 14, 2019, broke the news of Gerald Cotten’s sudden death. A "no objection certificate" for the death was issued the following morning of his death. Some investors are skeptical. You can read the request for exhumation here. And then, in mid-January, Cotten’s wife, Jennifer Robertson, announced that “Gerry died due to complications with Crohn's disease on Dec. 9, 2018 while travelling in India.” … At the time, Global Affairs Canada – … Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. "I knew Gerry, we talked about doing business. Users were not charged a fee to deposit or withdraw Cryptocurrency to or from the Platform.”, Investors want QuadrigaCX founder Gerald Cotten’s remains exhumed https://t.co/WdjuVWXnpg pic.twitter.com/yTEwZsEg4y, — #todayheadline (@TodayHeadline42) December 15, 2019, A friend told Vanity Fair that Cotten wasn’t evil but rather was “careful and pragmatic.”, “The guy had more money than he knew what to do with,” said Eric Schletz to Globe and Mail. He may have perforated his bowel. Dying from Crohn’s disease when only 1.6% of sufferers from this disease die of it and to happen to die from Crohn’s disease in such a young age is incredibly rare. Click here to find out more about our partners. He went into cardiac arrest and died. Nathan VanderKlippe/The Globe and Mail When Gerald Cotten and Jennifer Robertson made plans to honeymoon in Jaipur, India, last December, they had The circumstances under which he allegedly died, however, have always seemed very suspicious, in particular because many private keys to access the exchange’s crypto funds also disappeared with him, and the exchange went bankrupt. Globe and Mail reports that the couple was staying at “Oberoi Rajvilas, a luxurious resort where peacock calls echo across the verdant grounds.”. How did Gerald Cotten die? In January 2019, Quadriga wrote in a statement on Facebook, “It is with a heavy heart that we announce the sudden passing of Gerald Cotten, co-founder and CEO of QuadrigaCX. It is with a heavy heart that we announce the sudden passing of Gerald Cotten, co-founder and CEO of QuadrigaCX. While there Gerald fell sick and a few days later died from complications related to his Crohn's disease. The problem was that Cotten, who died at age 30, “was the only person who had passwords to digital wallets containing C$180 million ($137m; £105m) in cryptocurrencies,” according to BBC. A Quadriga mystery, from India to Canada and back. According to Vanity Fair, Cotten grew up in Belleville, in Canada, near Montreal and Canada, and he had a business administration degree from York University in Toronto. Quadriga earned transaction fees as a percentage of all Fiat transactions and Cryptocurrency trades on the Platform. The monitor’s report explained: “Quadriga operated a cryptocurrency exchange platform allowing Users to store, buy and sell various cryptocurrencies from its online operating platform through its website at http://www.quadrigacx.com. Gerald Cotten is a bitcoin millionaire from Canada whose death, supposedly from complications relating to Crohn’s disease, is now being questioned. QuadrigaCX's problems accelerated when CEO Gerald Cotten died unexpectedly at the age of 30 from Crohn's disease while traveling in India on Dec. 9. According to CBC, what caused concern: “Cotten died with sole knowledge of passwords used to encrypt ‘cold wallets’ — offline storage devices — of various cryptocurrencies. Cotten Lived a Life of Luxury With a String of Homes, a Plane & Frequent Travel. Gerald Cotten was cremated and his ashes were dumped into a river in India and to make it even better he filed a … What grabbed attention wasn’t the death of the CEO who had gone to open an orphanage in India, it was the fact that he died with the access password to $190m of clients’ money. The sudden death of Gerald Cotten, founder of QuadrigaCX, led to more than $215 million going missing. Find out more about how we use your information in our Privacy Policy and Cookie Policy. That’s because he died at only age 30 in India, leaving behind a puzzling trail of encrypted passwords and missing money. How did Gerald Cotten die? Gerald Cotten, head of QuadrigaCX, died in December 2018 while in India His death left $128million in cryptocurrency locked in the bank's digital vaults and … By clicking "Accept all" you agree that Verizon Media and our partners will store and/or access information on your device through the use of cookies and similar technologies and process your personal data, to display personalised ads and content, for ad and content measurement, audience insights and product development. Gerald Cotten. Gerald Cotten, a Nova Scotia resident originally from Ontario, was 30 years old when he died suddenly while travelling in India on Dec. 9 -- leaving … CEO's death According to Jennifer Robertson, Cotten's widow, he died on 9 December 2018 while travelling in India.

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