Jennifer Robertson was left to . Cottens duplicity is the subject of Trust No One: The Hunt for the Crypto King, the latest in Netflixs growing library of documentaries about scam artists. After spending a few years out of the spotlight, shes emerged to tell her story in full in her memoir Bitcoin Widow: Love, Betrayal and the Missing Millions, coauthored with Stephen Kimber. Robertson isnt under investigation or facing any criminal charges. She began receiving death threats, as people thought she was on in the scheme, which she denies. An update of sports from Angelo State University, including men's and women's basketball, baseball and softball. Jennifer Robertson is the widow of Gerald Cotten, who died suddenly in India in December, leaving his business in chaos and as much as $180 million of cryptocurrency locked in his encrypted laptop and USB keys. 'The Crypto King': What Happened to QuadrigaCX and Is It - Newsweek Regulators were able to recover about $27m of customer funds, and Robertson turned over almost all of her possessions, including $12m in assets and the couples extravagant possessions, but nearly $200m remains missing or inaccessible. Cotten's death came after Canadian Imperial Bank of Commerce (CIBC) froze an account controlled by QuadrigaCX with around $25 million. According to Ernst and Young, an accounting firm appointed by the Ontario Securities Commission (OSC) to investigate Quadriga, Family members were expecting to receive an email with critical Quadriga operating information that is, a dead-man switch within days of Mr. Cottens passing, which would have allowed Robertson to take on management of the exchange, and return money to people who asked for it. They found he checked into a Jaipur hospital just nine days into his honeymoon due to an acute stomach ache. I fell into a hole that was dug by someone and I was kind left there to get myself out of it. "It's no Tiger King, it's Canada and people like their privacy.". "Trust No One: The Hunt For The Crypto King" is streaming on Netflix now. "The timing didnt make sense to me, he told Sky. If you aren't doing this a couple times a week, you need to start. The match was reminiscent of the semifinal between the teams last year which the Blues won 20-19 in Auckland. In his will, Cotten names Robertson executrix of his estate, as well as endowing her as its primary beneficiary. Bitcoin widow Jennifer Robertson's sorrow over hurt caused by missing To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Nine days later Cotten is believed to have died due to complications of Crohn's disease, with Robertson announcing the death publicly a month later. Howell's girls basketball district championship celebration and postgame reaction from the game against Hartland. Some 115,000 users had deposits at the exchange when it stopped working, according to Robertsons affidavit, filed on Jan. 31. Thaddea Graham Partner - Is She Dating Anyone? Parent Family Now, most of those tied to the Quadriga scandal are left only with their questions, regrets, and warnings. Join half a million readers enjoying Newsweek's free newsletters. The timing of Cotten's death led many to question whether he really did die in India or if this is a "dead man's switch" situation, the concept of something becoming activated or deactivated if the human owner dies. Its not like I went abroad and ran away from this mess. "The more information you have, the more you can do with the story. QuadrigaCX widow on missing millions and her new book | CTV News Trust No One: The Hunt for the Crypto King is streaming on Netflix now. In her affidavit, she wrote she could not find any sort of information relating to Quadriga's accounts, "despite repeated and diligent searches.". The company didnt even have an official bank account, processing payments through third parties or Cottens own laptop. 2023 BDG Media, Inc. All rights reserved. The Bitcoin that only Cotten could access was lost, but the firm could tackle more concrete assets, including most of what Robertson owned. Jennifer Robertson - WikiAlpha A check-in on the public mood of Canadians with hosts Michael Stittle and Nik Nanos. Jennifer Kathleen Margaret Robertson(born 1988 as Jennifer Griffith[2][1]) is a Canadianreal estate developer best known as the heir and widow of the CEO of the controversial QuadrigaCXcryptocurrencyexchange. At her lowest, she tried to take her own life. Gerald Cotten: 5 Fast Facts You Need to Know | Heavy.com Fala Chen Bio : Husband, Married, Net Worth & Movies. But Cotten's name was misspelled on death documents and he'd prepared his will just days before the honeymoon. They found he checked into a Jaipur hospital just nine days into his honeymoon due to an acute stomach ache. Everyone knows the story about the now-defunct QuadrigaCX . Kids Family And Net Worth. At first, like many wives, she defended her husband. Jennifer Robertson and Gerald Cotten married in 2018. When asked how she felt about investors turning to her for answers about their millions disappearing with her husbands death, Robertson said she felt very betrayed by him. In the end, I ended up losing everything. Since Cotten's death, there have been numerous conspiracies that it was all part of an orchestrated "exit scam" and he is still alive today. It was determined that Cotten was the only person who could access QuadrigaCX funds, the cold wallet, with his widow not even able to unlock his personal computer, leaving people without their money, including entire life savings for some. Government records also reveal that Robertson has used three family names. "I thought, this is why I have this development money, this is what I'm supposed to be doing," McDonald told Yahoo Canada. ", "I realized as much as I know, I don't know anything, and there [are] always people who know more. Her previous marriage had ended after her husband had an affair, and her marriage to Cotten ended in a lie as well. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. https://t.co/5rvGZ2BfLV. Shed just married her best friend, Gerald Gerry Cotten, at a ceremony in a Scottish castle; she had recently started a business managing property; and, using the money from Cottens stupendously profitable Bitcoin exchange, she and Cotten had spent that past couple years traveling the world in high style, visiting everywhere from Malta to Dubai to Morocco to Paris. In October 2018, Jennifer Robertson was living the life of her dreams. We had so many memories together. The Late CEO of QuadrigaCX Used His Own Money to Pay His Customers Subscribe to The Coin Shark news in Facebook: Russian Federation Introduced Criminal Liability For Operations With Cryptocurrency, Uzbekistan To Tighten Rules On Digital Currencies Use, Bitcoin Whale Withdrew $144 Million Paying $0.3 Fee, Attention! The death wasnt announced until a month and a half later, in January 2019. In December 2018, Cotten died during his honeymoon with his wife, Jennifer Robertson, in Jaipur, India . When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange's cold storage keys. Robertson said she never suspected anything in all those years with Cotten. Follow live updates from the main event, plus Valentina Shevchenko vs Alexa Grasso and more. The Seaglass Trustbecame the mortgage holder on all properties owned by Robertson Nova Property Management on Jan. 25. Cotten became an outspoken public spokesperson for crypto, appearing at conferences and events and telling one podcast, Its pretty much money by people for people, all while constantly talking with Ms Robertson about how people had the wrong idea about bitcoin as solely the province of hackers and hucksters. Cotten was a computer nerd who had entered the right business at the right time and succeeded beyond his wildest dreams. Back in 2018, 30-year-old Cotten took a trip to India with his now widow Jennifer Robertson for their honeymoon and to open an orphanage. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Gerald "Gerry" Cotten ran the Quadriga cryptocurrency exchange. Everyone Practices Cancel Culture | Opinion, Deplatforming Free Speech is Dangerous | Opinion. An investigation of Quadriga found it was little more than a Bitcoin Ponzi scheme. 2023 CoinShark Media. Thousands of customers paid his company to mine cryptocurrency for them. Seniors Drew Oberholtzer and Grant Burkholder led Newark's charge down the stretch in a 57-48 victory against Olentangy Liberty in the district final. Grab your salt and pour some directly down your drain at night. His wife said he had promised to create a mechanism that turned the passwords over to her when he died. Unfortunately, the honeymoon was short-lived, and Cotten was declared dead within 24 hours of their arrival in India. Its just hard for me to fathom that Gerry could even live a life of crime for so long.. At the time, he was the CEO of QuadrigaCX, a company that performed cryptocurrency exchanges. I really did feel, even though I couldnt bring back their money and everything they lost, she said. After living the life of an international elite, she went back to working at an old bar where she was once an employee to put herself through school. But shes got other priorities now. Not only did the government not know how to police and regulation this emerging asset class, certainly the average individual didnt comprehend the true implications of owning those type of investments and the risks, she said. But Robertson was only one of the people affected by Cottens scam: After his death, Quadriga users had lost over $200 million, which Ernst and Young attempted to recover. Robertson herself admits that she saw her marriage through rose-coloured [sic] glasses, but those glasses were forcibly removed after Cottens untimely death in India. "I want to share my story so it doesnt happen to other people," he told Sky News in March. This year, she gave birth to a baby daughter, and is pursuing a career in elementary education. The planned events in Wollongong (on Saturday, 15th April) and Penrith (on Saturday, 29th April) [] The post Site Changes, Cancellations and New Dates For the Smashing Pumpkins The World is a Vampire Festival appeared first on Music Feed. She'd just married her best friend, Gerald "Gerry" Cotten, at a ceremony in a Scottish castle; she had recently started a business managing property; and, using the money from Cotten's stupendously profitable Bitcoin exchange, she and Cotten had spent that past couple years traveling the world in high style . It's not clear if the Nova Scotiaproperties will be caught up in the efforts byQuadriga'sclients to recoup their losses. "I. Another dozen properties in Halifax valued at roughly $6 million CAD are reportedly under the management of Robertsons real estate company, Robertson Nova Property Management Inc., according to the Chronicle Herald. Was he the nicest, caring, most loving husband and best friend she remembered or was he someone who, according to an investigator who went through his computers, had psychopathic tendencies? More than three years after the sudden death of Quadriga CEO Gerald Cotten and the revelations that the company was a massive cryptocurrency scam, his widow,. Previous reports found that co-founder Michael Patryn is actually convicted felon Omar Dhanani, who served time in the U.S. for his role in the Shadow Crew identify theft and credit card fraud ring. 'Bitcoin widow' reveals how she fell victim to her own husband - Yahoo! The move comes after some holders asked the courts to have Bennett Jones LLP and McInnes Cooper represent them during the CCAA proceedings. She still thinks about her husband when she hears a song they both liked, or looks at old photos. He also left $100,000 for the continued care of his two chihuahuas, Gully and Nitro. She'll get . "You get sick of getting beat by the same team over and over again." The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. I face it head on and I feel like I really took a lot of the consequences for someone elses mess, she said. From hair trends to relationship advice, our daily newsletter has everything you need to sound like a person whos on TikTok, even if you arent. Most of the homes are in metro Halifax. As investors and investigators probed what happened, they would discover the truth was wilder than what they had imagined, uncovering perhaps the biggest crypto scandal in history. But his 2018 death in India left lenders with no way to access the cash - and a new Netflix documentary delves into the rumours around his disappearance. Robertson had already been briefly married to another man, whom shed divorced; now, single again, she was on the dating app. The widow of cryptocurrency exchange founder Gerald Cotten, as well as a company registered in her name, own$7.5 million of Nova Scotia real estate that was purchased in the past 2years. They bought a $600,000 yacht, a high-end Lexus, 17 homes and a private plane, all while jet-setting between Paris, Hawaii and Morocco. A computer issue wiped $14m of Ethereum cryptocurrency off the exchange. QuadrigaCX widow 'heartbroken' over exhumation request The Secret Life and Strange Death of Quadriga Founder Gerald Cotten His death left investors locked out of their money and left Jennifer Robertson, Gerry's wife, to deal with the fallout. The next day, the Crohn's disease sufferer was reportedly declared dead from septic shock. Netflix Special on Bitcoin Fraudster Gerald Cotten, His Wife, and QuadrigaCX. Cottens will itemizes a host of high-end assets that are now under Robertsons control. In his will, Cotten bequeathed"any interest I may own"in the company to his"spouse's mother Carol Terry, and her spouse, Thomas Beazley.". Back in 2018, the Canadian Imperial Bank of Commerce froze the fiat accounts of the exchange and the funds on them due to the suspicious origin of this money. Now she is telling her side of the story. Founded in 2014, Quadriga was for a time Canadas largest cryptocurrency exchange platform, and grew rapidly as digital assets became more mainstream, handling more than $1bn in its third years. If the funds are frozen and the cold wallet is inaccessible, it should be possible for the exchange to provide the cold wallet addresses so their claims can be verified with the help of the blockchain, Sirer said. At one point, there were calls for Cotten's grave to be exhumed for an autopsy to be performed on the body "to confirm both its identity and the cause of death.". Now recruiting: Nova Scotia starts testing foreign-trained family doctors, Meet the student who went straight from a Kenyan refugee camp to Acadia, Home repair program in Yarmouth County aims to patch gaps in getting help, CBC's Journalistic Standards and Practices. By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. The Kansas City Chiefs tight end makes his hosting debut, with Kelsea Ballerini as musical guest. The filmmaker speaks to several cryptocurrency experts in the film, in addition to reporters who covered QuadrigaCX extensively before, during and after Cotten's death, and people who were directly impacted and lost significant amounts of money. The ACT Brumbies clung to a five-point lead through all of the second half to beat the Auckland-based Blues 25-20 Sunday and stay unbeaten after two rounds of Super Rugby Pacific. Gerald 'Gerry' Cotten founded Quadriga CX, which he dubbed Canada's best Bitcoin exchange. The researcher says it couldnt find any cold wallets holding Ether, one of the cryptocurrencies thats missing. Robertson owns two other properties in her own name, including an island in Mahone Bay the couple purchased in September 2017 from Fox News personality Tucker Carlsonfor $161,250 well below the island's tax-assessed value of $349,400. Trust No One: The Hunt For The Crypto King is Netflix's latest true-crime documentary. Jennifer Robertson has tried to move on with her life and sink back into anonymity. As heard in Netflix's Trust No One, in the months leading up to Cotten's death, users had been complaining about how they could not access their money and were waiting weeks to receive their funds. The things that we shared Ill never know. Quadriga Founder's Finances Add to Mystery of Missing Millions Christy Somos However, things took a turn as the business matured. They also learned that the businessman had started scamming people online at age 15, and had ties to Midas Gold, a business linked to a Costa Rican money laundering operation. After his death, Quadriga investors met online to try and put the pieces together. Comments on this story are moderated according to our Submission Guidelines. (AP/Rick Bowmer). I wanted other people to know that sometimes some terrible things happen, she said. Tong Zou, 33, lost his life savings on Quadriga, including a $200,000 gift from his parents, as he describes in the Netflix film. Comments are welcome while open. Without being able to read her mind, its impossible to really know what happened. The sudden death of Gerald Cotten in December 2018 plunged the world of cryptocurrency into chaos. He had mentioned that if anything were to happen to him, there would be this dead man switch which would provide me with all of his financial information or his parents might have got it, he said and then it never came, she said. . We could travel to exotic places.. Quadriga CEO's widow speaks out over his death and the missing - CBC According to the Netflix documentary, Trust No One, at least 110,000 Quadriga users were affected. Where Is Gerald Cotten's Wife, Jennifer Robertson Now? - Ecelebritymirror The charity tells donors they can build a 12-child home like this one from . Further, the OSC found Cotten lost approximately CA$143 million ($115 million) using these aliases, he also lost CA$34 million ($28 million) on external exchanges and spent approximately CA$29 million ($24 million) on property, vehicles, vacations, and other personal expenses. Cryptocurrency mystery stuns Kelowna neighbourhood where dead CEO owned Please note that CBC does not endorse the opinions expressed in comments. Newsweek has everything you need to know about what happened next in the wake of Cotten's unfortunate death. ET. QuadrigaCX announced its insolvency at the beginning of 2019 following the sudden death of its CEO, Gerald Cotten. Canadian real estate developer Jennifer Robertson met Quadriga CEO Gerald Cotten on Tinder in 2014. The company was then put into maintenance mode and at the end of January, Quadriga announced it was applying for creditor protection. There were at least five major attacks last year, alone, while Japan, home to some of the worlds most active digital-asset exchanges, has also hosted two of the biggest known crypto hacks: the Mt. Who was the crypto king Gerry Cotten and what happened to him? Speaking on CTVs Your Morning Tuesday, Robertson said the aftermath of her husband Gerald Cottens sudden death from complications of Crohns disease has haunted her, after it quickly became clear that the millions of dollars worth of investors cryptocurrency her husband handled were locked away in offshore bitcoin wallets that only he had the passwords for. Cotten also owned a home in British Columbia's . As she tells it, Robertson was left with the mystery of her husbands real identity and personality. Who was the crypto king Gerry Cotten and what happened to him? Of about 230,000 Ether coins that Quadriga is supposed to have had, only about 1,000 coins remain in its own wallets, Galka said. The Brumbies scored three tries including a penalty try to lead 25-20 at halftime and held on through a second half which often played at frantic pace in searing heat to claim an important win for an Australian team over a New Zealand opponent. 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It is especially the case for people who were once engaged in activities involving large sums of money. "Finding the characters or the people whose lives were really directly impacted by it was very hard to do," McDonald said. And while she was trying to sort through her emotions, she was being harassed by people on the internet who didnt believe her husband was dead. Offers may be subject to change without notice. The film charts the rise and fall of Gerald "Gerry" Cotten, the co-founder of cryptocurrency exchange, QuadrigaCX. So did the absence of internal oversight over Cotten.". Cotten was proclaimed dead within 24 hours of their arrival in India, therefore the honeymoon was short-lived. 71Quadrigacx""_ In 2018, as the price of bitcoin began to collapse, the cracks began to show. Pseudonyms will no longer be permitted. The Clark County Emergency Management Agency is asking residents within a 1,000 feet of the train derailment in Clark County to shelter in place. Quadriga CEO's widow to return $12 million of estate assets in Read an excerpt from Bitcoin Widow by Jennifer Robertson, widow of In December 2018, Cotten died whilst on honeymoon in India, taking CA$250 million ($200 million) with him and the passwords to Quadriga accounts where Quadriga funds were stored in "Cold Wallets." "That was good just to realize the vulnerability and if you don't have it, don't play with it," McDonald said. I could bring them some answers.. As legal proceedings under these protections ensued and suspicions mounted, Michael Wood graduated the case to bankruptcy proceedings.Formerly acting as court monitor for the case, Ernst . "And if it's too good to be true, it probably is. Or did it? Sometimes when people pass away, they leave their family not only with grief, but also with multiple financial issues. Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets.