Venkatapuram, india, debert., n.s., and belleville, ont. Amid turmoil in the cryptocurrency market, Cotten and Robertson got married and decided to travel to Jaipur, India, for their honeymoon. or don't show this againI am good at figuring things out. Then, through another pastor, he was asked if he would be interested in becoming involved with Angel House, which promised a concrete structure that wouldnt leak when it rained. Cotten Died in India, Reportedly of Complications from Crohns Disease, Taking the Passwords to a Fortune With Him. The Oberoi Rajvilas in Jaipur, India, is built to resemble a modern-day palace. Some of these users had very large balances on the exchange with one user apparently having up to $70 million worth of cryptocurrency on the exchange. Gerald (adsbygoogle = window.adsbygoogle || []).push({}); 2023 CoinReview | Terms of Service | Privacy Policy. He became fulminant, Dr. Sharma said, a medical term describing a rapid and severe deterioration. Ive somewhat overextended myself. "Gerry died on December 9, 2018 in India an independent investigation by the Globe & Mail confirmed this earlier this year, and it should not be in doubt. Did He Really Die? cemeteries found in will be saved to your photo volunteer list. But it didnt fly much.. Whats highly suspicious and insane here is that they did not have a multi-signature wallet set up for $190 million worth of customers cryptocurrency. He was buried five days after passing away. Only Mr. Cotten held the passwords to encrypted vaults that could offer clues to the whereabouts of that money. They also noticed that the machine seemed perpetually grounded. No one had seen the Cottens in about three weeks; some said they were on vacation, but no one seemed to know where. In the weeks since Quadriga Fintech Solutions Corp. belatedly made his death public, the exchanges furious users have raised questions about what happened, why Mr. Cotten was in India and even whether he was actually dead. Dr. Mehra performs embalming herself a two-hour procedure that costs $131 and says even a perforated intestine is important information, as it affects the embalming procedure. Maybe the founder really died and no one has the access to the users funds and its just a case of coincidences about Dhanani, cremation of the body etc. This relationship is not possible based on lifespan dates. He was hardworking and passionate, with an unwavering commitment to his customers, employees, and family., It added: Through his hard work and dedication, Gerry contributed greatly to the growth and development of the Crypto Currency industry. Photo by Handout. https://www.nhs.uk/conditions/crohns-disease/, https://business.financialpost.com/technology/blockchain/how-gerald-cotten-built-quadriga-and-created-the-ensuing-crypto-storm, https://www.youtube.com/watch?v=HoONbIak_2I, https://news.sky.com/story/crypto-trader-boss-dies-with-password-to-clients-110m-11628106, Reasons Cryptocurrencies Are Becoming Increasing Popular, How to Avoid Losing In Cryptocurrency Trading Business, Challenges Facing Crypto Exchanges & How to Solve Them, Trading Overbought and Oversold Market Conditions Properly. The exchange has been granted an order for creditor protection in Nova Scotia. Gerald Cotten died mysteriously with a large sum of money in his bank account, leaving everything to his wife. Are you sure that you want to delete this photo? It is Jennifer Robertson & Gerald Cotten House, an orphanage largely built with money the couple donated to Angel House. Jayant Sharma, the doctor who treated him and produced a medical report about his death, confirmed that the man he saw matched photos of Mr. Cotten. It was a very natural case. Ernst & Young alleged Cotten had created Quadriga accounts under different names, and received Substantial funds, according to The New York Post. Thats the context behind the request to exhume his remains to prove its him, an action sought by QuadrigaCX customers, the Post reported, adding that they want to confirm both its identity and the cause of death, claiming the questions about money transfers further highlight(s) the need for certainty around the question of whether Mr. Cotten is in fact deceased., Globe and Mail, though, reported that the fact that Cotten did indeed die is a certainty among police and medical professionals in India, and The Globe reviewed hotel, hospital and embalming records that give no suggestion of anything abnormal., The newspaper added: Jayant Sharma, the doctor who treated him and produced a medical report about his death, confirmed that the man he saw matched photos of Mr. Cotten.. Then his condition took a sharp turn. Try again later. Bitcoin, Ethereum Price Analysis: Slight Improvement after US Inflation Report, Ethereum, Bitcoin: Bearish, however, small buyers are massively accumulating. There was an error deleting this problem. But financially, I have gone under. As lifelong travelers, we wanted to offer our assistance, Ms. Robertson said in her statement. The Amber Fort, a centuries-old royal residence that draws tourists to Jaipur. Ms. Sibley said she wanted to let the potential buyer know why the plane was for sale, so she asked Ms. Robertson if she could disclose that Mr. Cotten had died. While Mr. Cotten ran Quadriga, Ms. Robertson worked as a property manager for Robertson Nova Property Management. His death sparked online debates and string Translation on Find a Grave is an ongoing project. A letter sent by law firm Miller Thomson to the Royal Canadian Mounted Police (RCMP) asks for the authorities to dig up and examine the body of Gerald Cotten, who reportedly died of complications due to Crohns disease at the end of December 2018. He works out of the second floor of a small police station, where a bundle of roses lies next to a wall hanging of a Hindu scene lit with flashing pink LEDs. But she laughed at rumours that Mr. Cotten has faked his demise. Make sure that the file is a photo. At stake: $190m in digital and real-world money owed to customers, Register reports. The facility includes a museum, with a sign reading "ANATOMY WELCOMES YOU" in bones. Why not Ontario where he was from and where his parents are, or Vancouver where he lived? If you dont, you get scared. To view a photo in more detail or edit captions for photos you added, click the photo to open the photo viewer. Close this window, and upload the photo(s) again. The interior was spartan, but spotless. According to Robertsons statement, he had died of complications from Crohns disease, which is not generally fatal. In India, meanwhile, even the couples act of charity has left questions and financial pain. How did Gerald Cotten die? On Jan. 10, Ms. Sibley called Ms. Robertson because someone was interested in buying the plane. T0FUU Additional comment actions. You can always change this later in your Account settings. Please reset your password. But she works at a private hospital, away from police scrutiny, and has developed a wariness over the bodies sent her way. Your weekly wrap of Web3 news and trends. But if he was going to spend the money, he was going to buy something nice.. He said Mr. Cotten had died of a heart attack, but he had no other documentation and couldnt answer Dr. Mehras questions about whether the dead man had suffered from AIDS, or cancer or other ailments. I couldnt find him. It was later revealed that Cotten had likely used at least some of the crypto taken from Quadriga to margin trade small-cap alternative cryptocurrencies. But Mr. Cottens body, she was told, was in the hands of the hotel, and some time on Dec. 10, a hotel representative arrived at her office. According to Globe and Mail, which did an exhaustive investigation into Cottens death, Cotten complained shortly after checking in that he had pain in his stomach. Cotten falleci sbitamente el ao pasado en India de complicaciones relacionadas a la enfermedad de Crohn. It was like a fairy tale when news broke about the death of the CEO of Canadas Largest Crypto 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; Cotten owned a third https://www.findagrave.com/memorial/196590362/gerald-william-cotten. If something [bad] happened to him, his wife should complain, Mr. Srivastava said. Your account has been locked for 30 minutes due to too many failed sign in attempts. According to the Financial Post[2], Gerald was a thirty year old working in digital finance. Unknown to him, the Angel House donation came from a Canadian cryptocurrency entrepreneur. According to a Lengthy Vanity Fair profile. There are no volunteers for this cemetery. Our website services, content, and products are for informational purposes only. Year should not be greater than current year. Staff at SMS Medical College, where the Oberoi workers went next, asked fewer questions. The college is located in a low-slung building that opens to a verdant inner courtyard, where corridors are lined with biographies of Nobel laureates and other medical notables, including Hippocrates. She asked Ms. Robertson if she wanted to sell the aircraft. Its a tragic situation when someone dies, a company goes under, thousands of people lose their cryptocurrencies and thousands of bitcoin disappear forever. One day, he was on his honeymoon, enjoying the opulence of Jaipur. To friends and family, the couple had described their trip as an act of charity. Shutterstock Images. For memorials with more than one photo, additional photos will appear here or on the photos tab. Still, the initial diagnosis pointed to little more than travellers diarrhea. Cottens wife has also said that she has been unable to find any corporate records. We did everything we could, he said. But then it starts to get weird because the QuadrigaCX case has got a lot of strange things going on in the background. 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. Cotten died on Dec. 12, 2018 of complications due to Crohns disease in Jaipur, India, according to an affidavit from his widow, Jennifer Robertson and a statement of death from the J.A. And The Globes reporting reveals a man with an appetite for luxury, who, together with his new wife, spent as if money was no object. There was just one problem: he is officially dead and buried, following a You need a Find a Grave account to continue. But if he was going to spend the money, he was going to buy something nice., Quadrigas statement continued, Gerry cared deeply about honesty and transparencyvalues he lived by in both his professional and personal life. According to court documents, QuadrigaCX CEO Gerald Cotten died Dec. 9, 2018, in India due to complications from Crohn's disease. 2019-2022 TimesNext Media Pvt Ltd. All rights reserved. Online conspiracy theories have alleged that Gerald Cotten might have faked his own death and taken the money. Jaipur has long been a city of royal pursuits, studded with palaces and jewellers. The board had issued a statement[5] explaining that they had been working to address the liquidity issues of the exchange including attempts to locate and secure very significant cryptocurrency reserves held in cold wallets and required to satisfy customer cryptocurrency balances on deposit; the statement also mentioned that the exchange was sourcing for a financial institution to accept bank drafts transferred to them. Explainer: How did QuadrigaCX work? A body cant be removed from the country without it. WebCotten, co-founder and CEO of Quadriga, died of complications in December 2018 arising from Crohn's Disease while travelling in India, the company said on Facebook. This is what we know about how he lived and how his final day unfolded. Cottens death has been under suspicion since it was announced. Others spend as many as three days at the orphanages their dollars have built. The exchange has now filed for bankruptcy. The planes market price at the time was about half a million dollars. GREAT NEWS! QuadrigaCX - believed to be Canada's largest bitcoin exchange. but if the worst rumors prove to be true and the scammers get caught maybe some people will get a bit of their money back assuming that the lawyers are not able to get it out of the laptop. He spent the night in the hospital but then deteriorated suddenly. There is still some hope out there for people. These company corporates are the guys who have the KYC information of more than 100,000 users. The rise of cryptocurrency since 2009 has come with many positive and negative opportunities. She also said Mr. Cotton held sole responsibility for handling funds and no other team members has access to the stored funds as she filed for creditor protection in the wake of Quadrigas dire straits. A person who answered the phone said it was inappropriate for a journalist to be asking questions about what happened. His wife probably had the rights to his body upon his death and buried him anywhere she likes I assume. This memorial has been copied to your clipboard. They are lovely, she wrote. Are you sure that you want to remove this flower? The accounting of the exchange has been really bad which may be just bad business practices but the company was also hit with cease trading order for failing to file financial statements. But soon after, Mr. Cotten complained that he has got some pain in his stomach, said Anand Srivastava, Jaipurs police commissioner. Which memorial do you think is a duplicate of Gerald Cotten (196590362)? Source: cbc.ca. Oops, we were unable to send the email. With so many coincidences its crazy. On Dec. 13, Mr. Cottens death was registered with the Government of Rajasthan Directorate of Economics and Statistics, which works out of a cramped ground-floor office on a busy street stacked high with colourful paper files. Mr. Singh is the station house officer for Jawahar Circle, the district in which the hospital is located. Thats the scale of money the guy had. He had an air of being successful, but he wasnt flashy, said the neighbours, all of whom declined to be named out of respect for the grieving family. Still, Mr. Cotten died under circumstances that Dr. Sharma and a local embalmer who refused to prepare his body for transport from India found unusual, and the details The Globe uncovered about his final hours only add to the enigma surrounding Mr. Cotten. At the time, Quadriga once Canada's biggest cryptocurrency exchange said it was unable to gain access to his digital assets. Although, Cotten apparently meant well for his thousands of customers by personally handling their finances himself; it has apparently backfired as his legacy is being threatened. ). He was 30-years-old. Now there's a request to exhume his body. His date of death: December 9, 2018. Before his sudden death, there were also quite a few reports of long delays in getting withdrawals. Anoop Singh is the station house officer for Jawahar Circle, which issued a certificate for Mr. Cotten clearing his death of suspicion of foul play. 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. Shortly after Cottens death was announced on the QuadrigaCX website by his widow Jennifer Robertson, the exchange went offline, filing for creditor protection and announcing that Cotten was the only individual who knew the private keys to the exchanges cold wallets, and therefore had been the only person who could access its crypto holdings. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. This is basically a 30-day stay of proceedings in a way to stop any lawsuits from proceedings against the company at this point. A sign affixed to its storefront, roughly nine kilometres west of the familys home, directs visitors to its online auction house. Creditors of QuadrigaCX have asked the Royal Canadian Mounted Police to exhume and conduct an autopsy of the failed exchanges founder, Gerald Cotten. He didnt give enough time, Dr. Sharma said. Be a smarter, safer investor in eight weeks. The monitors 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. The guy had more money than he knew what to do with, said Eric Schletz, who got to know Mr. Cotten at a small flying club in Nova Scotia. While this is not the first crypto crisis since Bitcoin went mainstream, the situation does not bode well for the Canadian crypto industry as QuadrigaCX was Canadas biggest crypto exchange. After that, we dont need any other documents, Mr. Singh said. Mr. Cotten and Ms. Robertson arrived at 9:45 p.m. Dhanani was a member of the shadow crew and pleaded guilty to numerous counts of identity fraud back in 2005. My apologies for any extra burden Ive placed on you. Jaipur's privately owned Fortis Escorts Hospital.Nathan VanderKlippe/The Globe and Mail. What are your thoughts on Quadrigacx and the death of Gerald Cotten? WebGerald Cotten was a Canadian financier, whose sudden death, at 30-years-old, stirred controversy. We only learned it was suspicious when media started asking questions.. I am heart broken but trying to stay strong for him., In Debert, N.S., Mr. Cotten's Cessna 400 sits at the Truro Flying Club.Darren Calabrese/The Globe and Mail. Quickly see who the memorial is for and when they lived and died and where they are buried. Shutterstock Images. Edit a memorial you manage or suggest changes to the memorial manager. I like this place, said Mounika, 13, in hesitant English. The crypto currency is self-regulating with Bitcoin bypassing conventional banking rules; in the United States and several other European countries however, financial authorities set up some rules for crypto companies who subject themselves to regular audits. Cotten's sudden death in 2018 led to the disappearance of millions of dollars worth of his investors' Bitcoin funds. The major challenges cryptocurrency exchanges face. These may be just rumors or things that people are talking about right now when it comes down to whats going on with this exchange. Mr. Cottens donation provided materials. He also used the name Omar Patryn in a forfeiture case. The purpose of this letter is to request, on behalf of the Affected Users, that the Royal Canadian Mounted Police (the RCMP), conduct an exhumation and post-mortem autopsy on the body of Gerald Cotten to confirm both its identity and the cause of death given the questionable circumstances surrounding Mr. Cottens death and the significant losses of Affected Users, the letter reads. He was a very reasonable person. Mr. Cotten does not appear in any of the pictures, though Gerry is mentioned in a comment on a photo from Austria.