Tagged: gerald cotten

Vaporized Crypto Exchange QuadrigaCX Sees Interim Claims of 24,436 Bitcoin, CDN $90.3 Million & More

In a document posted by EY Canada yesterday,  the bankrupt crypto exchange QuadraCX trustee posted a document indicating 16,959 individual claims for the crypto and money. Most of the funds were vaporized when founder and CEO Gerald Cotten died without sharing passwords to the accounts… Read More

Widow of QuadrigaCX Crypto Exchange Founder “Shocked and Saddened” by Request to Exhume Husband’s Body

The widow of QuadrigaCX cryptocurrency exchange founder Gerald Cotten is reportedly “shocked and saddened” that lawyers for harmed investors have asked for Cotten’s body to be exhumed. Cotten reportedly died in India last December when acute symptoms of Crohn’s disease overcame him while he was on… Read More

Lawyers for Harmed Users of QuadrigaCX Ask RCMP to Exhume Founder’s Body

Lawyers appointed to represent users harmed by the failure of the cryptocurrency exchange QuadrigaCX have asked the Royal Canadian Mounted Police (RCMP) to exhume the body of the exchange’s founder, Gerald Cotten. The letter from the Miller Thompson law firm in Toronto states: “The purpose… Read More

QuadrigaCX Widow Turns Assets Over to Harmed Crypto Exchange Users

Jennifer Robertson, widow of deceased QuadrigaCX founder Gerald Cotten, has disclosed that she will be turning over the “vast majority” of her assets to the Quadriga estate so they may be used to partially compensate users who lost funds when Quadriga collapsed. In a letter… Read More

QuadrigaCX CEO Created Fake Accounts, Traded User Funds and Transferred Them to Personal Accounts

Fiduciary and operational incompetence have been a matter of record since news emerged that Gerald Cotten, CEO of the Canadian cryptocurrency trading platform QuadrigaCX, died without giving anyone password access to $215 million CAD of user cryptocurrencies he ostensibly kept in cold wallet storage devices…. Read More

Crypto Trader Lost $100 000 CAD in QuadrigaCX Exchange’s Final Hours

The disastrous demise of Canadian cryptocurrency exchange QuadrigaCX has been well covered to date, including: the mysterious, sudden death of founder Gerald Cotten in India in early December 2018. the criminal past of Quadriga co-founder Michael Patryn. the alleged $190 million USD “loss” of client funds… Read More

Creditors Concerned: Widow at Centre of $260 Million QuadrigaCX Disaster Seeking $300K in Court Costs

Jennifer Robertson, the wife of Gerald Cotten, the deceased founder of Canadian crypto exchange QuadrigaCX, has asked a Canadian court to reimburse her for $300,000 in costs she incurred by filing for creditor protection, Bloomberg reports. Robertson filed for creditor protection in late January after… Read More

Kraken Offers $100K Reward in $190 Million Quadriga Failure, Traces Mystery in Podcast Part 1

Owners of the Kraken cryptocurrency trading platform are offering a $100 ooo USD reward for information that may help recover $190 million USD in funds lost by the Canadian crypto platform QuadrigaCX. Quadriga CX fell apart in January following the untimely death of CEO Gerald… Read More

Banks Wary About Handling $35 Million in Compensatory Funds Owed to QuadrigaCX Crypto Exchange Users Who Lost $260 Million

Lawyers for the Bank of Montreal consulting on the case of Quadriga CX, a Canadian cryptocurrency exchange whose founder, Gerald Cotten, died in December –taking access to exchange’s funds with him– have told a court they are wary about handling funds in the case due… Read More

Ontario Securities Commission Says It’s Looking Into Locked Funds Affair at Crypto Exchange QuadrigaCX

The Ontario Securities Commission has stated that it is “looking in” problems at Quadriga CX after it was revealed last week that the Canadian cryptocurrency exchange has been put into credit protection following the December death of its founder, Gerald Cotten. Matters have been further… Read More

Indian Hospital Confirms Death of QuadrigaCX Crypto Exchange CEO, $190 Million Still Missing

The hospital in Jaipur, Rajasthan, where Canadian crypto exchange CEO Gerald Cotten spent his last hours has confirmed that he died there from a heart attack caused by complications from Crohn’s disease, Times of India reports. Cotten’s untimely death may also have devastating consequences for… Read More

Research Suggests QuadrigaCX Crypto Exchange’s Story of Lost Wallets Untrue

Claims by current operators of the Canadian cryptocurrency exchange QuadrigaCX that the company has “lost” cold wallets containing more than $150 million in crypto are being disputed by a researcher at the Zerononsense blog. QuadrigaCX filed for creditor protection last week, and according to Zerononsense,… Read More

Canadian Crypto Exchange QuadrigaCX Files for Credit Protection, Says it Can’t Find Cold Wallets

The board at beleaguered Canadian crypto exchange QuadrigaCX has issued a notice on the exchange’s website stating that the company has filed for credit protection and is struggling to “…locate and secure our very significant cryptocurrency reserves held in cold wallets…(which) are required to satisfy… Read More

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