Friday, December 13, 2019

QuadrigaCX creditors want proof that Gerald Cotten is dead

Lawyers for creditors burnt by QuadrigaCX want the body of Gerald Cotten exhumed for identification. The 30 year old reportedly died of complications due to Crohn’s disease at the end of December 2018 in India. Deaths from Crohn's disease are rare.

Cotten’s death was kept secret for over a month, with the exchange accepting deposits but not allowing some customers to withdraw funds. The QuadrigaCX website was shuttered by his widow Jennifer Robertson, with the company filing for creditor protection. Cotten's widow announced that Cotten was the only one who knew the private keys to the exchange’s cold wallets. It turned out they had been drained, with the holdings transferred anonymously.
Following his death, Cotten was embalmed in a medical school and transported back to Canada, where he was said to have been buried in mid-December. The couple had been living a luxurious, jet setting lifestyle for years, all on funds belonging to others.