Meet Gerald Cotten: Biography, Age, Wife, Wiki, Family, Net Worth and Early Life - The Boring Magazine

Meet Gerald Cotten: Biography, Age, Wife, Wiki, Family, Net Worth and Early Life

Gerald Cotten was found dead under suspicious circumstances with a significant amount of money in his bank account. He had left everything to his wife. At the time of his passing, he was a very successful businessman.

Gerald Cotten

Gerald Cotten is responsible for both the founding and leadership of Quadriga Fintech Solutions.

He established the business in order to capitalize on the revolutionary shift that was going to take place in the crypto market and he did so by founding the firm.

On the other side, Gerald did not have a bright future ahead of him since he passed away for unknown reasons.

A significant number of individuals are of the opinion that Gerald’s passing was deliberate, and that he is hiding the money from the rest of the world.

A new documentary that will be shown on Netflix in February 2022 and will include further details surrounding the incident will do so.

A true-crime documentary produced by Netflix investigates the mysterious murder of cryptocurrency billionaire Gerald Cotten.

A peculiar tale from the cryptocurrency industry is the focus of a new true-crime documentary that can be found on Netflix.

The narrative of Gerald Cotten, the founder and CEO of the Canadian cryptocurrency exchange QuadrigaCX, who passed away unexpectedly in 2018, is told in the original film “Trust No One: The Hunt for the Crypto King,” which was produced by Netflix.

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A tweet posted by Netflix advertising the film describes the plot of the movie as following “a group of Quadriga investors turned sleuths who investigate Cotten’s strange death and the millions of missing cryptocurrencies they suspect Cotten stole from them.” [C]otten’s death is mysterious, and the investors believe that Cotten stole millions of dollars worth of cryptocurrency from them.

Cotten was the lone person responsible for the passwords required to access the Bitcoin caches of his clients, which had a combined worth of around $190 million at the time. After then, the crypto billionaire met an untimely end in India from problems related to Crohn’s disease three years ago. Because Cotten failed to provide the account passwords to his heirs, by the time investigators located Cotten’s digital wallets in 2019, all of the money contained within them had been spent. Since that time, customers have complained about difficulties with withdrawals and a lack of contact from the corporation in an attempt to recover access to their money.

As a result of the circumstances, several members of the cryptocurrency community have hypothesized that the CEO staged his own death in order to steal the money of his customers. The results of the official inquiries into the issue have not been able to provide any definitive answers. An early look at the documentary on Netflix reveals visuals that give the impression that the investors will go more deeply into these questions.

The streaming service announced the new feature the week before last, with a selection of new true-crime documentaries. Docuseries based on real-life crimes have been more popular on Netflix, with examples ranging from “Tiger King” to “Making a Murderer.” It had overtaken the pack of other streaming behemoths by the year 2020 in terms of the number of true-crime programs that it has produced.

The book titled “Trust No One: The Hunt for the Crypto King” is scheduled to be published in the year 2022.

Gerald Cotten’s age, the day and year he was born, his birthday, his family — who is his father and mother, and where does he come from? A Brief History.

In 1988, he was born in the city of Toronto, in the country of Canada. At this point in time, he is 33 years old. However, the specific day of birth has not been disclosed at this time. His nationality is listed as Canadian.

The family of Gerald formerly resided in the Canadian city of Belleville, which is located in close proximity to Montreal.

After his parents sold antiques, Gerald started the company that would become QuadrigaCX.

It is believed that Gerald’s company operates the most significant bitcoin exchange in all of Canada.

How much did Gerald Cotten make compared to his net worth?

At the time of his passing, Gerald Cotten was said to have had a net worth of around $80 million. In the realm of cryptocurrencies, he was regarded as one of the wealthiest individuals, and his business had reached its zenith.

But in the end, it was found out that Gerald had given all of his possessions to his wife before he passed away, so that she would have them after he was gone.

Due to the fact that Gerald Cotten had no assets to his name at the time of his passing, he was legally considered to be bankrupt.

Despite this, he was a very rich guy who possessed a significant amount of cash.

And if the accusations that Gerald has taken all of the money from his clients are accurate, he currently has around $250 million in his control.

People persist in assigning blame and offering support for conspiracy ideas, despite the fact that these beliefs are nothing more than speculation and there is no evidence to support them.

Who was Gerald Cotten’s Boyfriend, What Was Their Relationship Like, and Did They Have Children?

Gerald Cotten’s wife, Jennifer Robertson, was his life partner during their whole marriage.

As a result of Cotten’s passing, Jennifer and Cotten decided to be married a little bit sooner.

They had planned on going to the Robertson and Gerald Cotten House in Jaipur when they were on their honeymoon in India.

Unfortunately, the newlyweds never showed up at the house, and the honeymoon did not go as well as expected.

Due to the fact that he and his wife Jennifer were still on their honeymoon when he passed away, Cotten did not have any children.

Gerald Cotten Career

Before entering the Schulich School of Business at York University in Toronto, Gerald Cotten spent his childhood in Belleville, which is located in the province of Ontario. He attended York University and received a bachelor’s degree in business administration there in the year 2010. After learning about bitcoin in Toronto, he and Michael Patryn established Quadriga in November 2013 in Vancouver, British Columbia. Michael Patryn was his business partner.

In the beginning, Quadriga was only involved in the local trades. After the first month, they began communicating with one another via an internet platform. The second automated teller machine accepting bitcoins was installed in Vancouver in January of 2014. In 2014, Quadriga was solely involved in bitcoin transactions totalling $7.4 million Canadian dollars.

Exchange de valeurs mobilières du Canada (CSE)

Attempts were made, with Patryn’s assistance, by the firm to both raise capital and get listed on the Canadian Securities Exchange (CSE). In the first quarter of 2016, despite having raised 850 000 Canadian dollars, the firm made the decision to remain unlisted on the market. In 2015, Quadriga had four employees and offices in both Vancouver and Toronto, but by June of that year, the firm had exhausted all of its available financial resources.

After the departure of each of Quadriga’s other directors in 2016, Cotten was left as the sole director of the firm. After that point, it, with the exception of a few independent contractors, had no employees, offices, or bank accounts.

In 2017, the price of bitcoin saw a speculative frenzy, which contributed to its price increase from $1,000 to roughly $20,000. On Quadriga, transactions of around C$1.2 billion in bitcoin were made. In spite of the fact that the considerable increase in volume led to higher commissions, it also led to cash-flow concerns for the exchange. These issues were caused by the exchange’s reliance on third-party payment processors as well as its inadequate accounting system. In June of 2017, Quadriga disclosed that they have suffered a loss of $14 million in Ethereum as a result of a problem with a smart contract.

As Bitcoin values continued to fall throughout 2018, customers of the exchange reported experiencing difficulties while trying to withdraw funds. In January of 2018, the Canadian Imperial Bank of Commerce (CIBC) froze 28 million Canadian dollars that were being held by Costodian, a payment processor for Quadriga. CIBC stated that they were unable to identify the person who was entitled to the money and that they were unable to get in touch with either Cotten or Quadriga.

In November 2018, the dispute was finally resolved, and as part of the agreement, the accounts were submitted to court to have their individual ownership determined. Neither Costodian nor Quadriga were successful in obtaining the funds for their operations.

Michael Gastauer is named as a suspect by the United States Securities and Exchange Commission.

According to the materials filed in the case, Quadriga also utilized WB21 as a payment processor. Michael Gastauer, the CEO of WB21, has been named as a defendant in a civil complaint brought about by the United States Securities and Exchange Commission in connection with a fraud that totaled 165 million dollars. According to a legal action that was submitted by the State of New York Attorney General in April 2019, Crypto Capital is another payment processor for Quadriga. The complaint claims that $851 million in investments that were pledged to Crypto Capital were “lost, stolen, or otherwise absconded with.”

At Quadriga, customers had access to a one-of-a-kind configuration of teller windows via which they could withdraw money. Instead of having their money transferred to them by a bank wire, customers were given the instruction to pick it up at an unremarkable site in Laval, Quebec. The customers said that there was no one in the office when they arrived, and that there was also no cash that could be distributed to them at that time.

According to Ernst & Young, Quadriga did not have a bank account and instead depended on third-party payment processors. This information comes from the auditing firm. It didn’t look like they had any kind of formal accounting system. The business was managed by Cotten, who ran it from his home in Fall River, Nova Scotia, using a laptop that was password protected.

Gerald Cotten Death Cause, How Did He Die?

On December 9th, 2018, Gerald Cotten passed away as a consequence of complications brought on by his Crohn’s illness.

Geral and his newlywed wife Gerald were ecstatic with their marriage as they celebrated their honeymoon together. Both Geral and Gerald were thrilled.

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Nevertheless, after Gerald’s passing, Jennifer was forced to go through an agonizing bereavement while simultaneously continuing to pursue the investigative trail.

Gerald was the only person who could enter the cold storage at QuadrigaCX and who had the private keys and passwords for the facility.

The cold storage facility had around 140 million dollars worth of cryptocurrencies, the most of which was Bitcoin.

However, because of his passing, the company was compelled to go out of business, and as a result, over 76,000 customers lost a combined total of around $215 million in cash and bitcoin.

The fact that his passing is still a mystery, despite the widespread belief that he is still alive,

It is commonly believed that the amount of bitcoin that was lost in the Gerald transaction was the most ever recorded. This has given rise to a number of conspiracy theories.

What were the names of the high school and university that he attended? What kind of degree did he earn?

He graduated from High school in Toronto, where he attended classes. After that, he enrolled in the Schulich School of Business at York University to continue his education. He graduated with a Bachelor of Arts degree in Business Management after completing his studies.

The Social Media Reaches of Gerald Cotten

We were unable to locate his social media account, which is unfortunate. It would appear that he was not active on any of the many social media platforms. He had little interest in engaging in activities associated with social media sites.

The Physical Appearance of Gerald Cotten Height, Weight

Height5 Feet 9 Inch
Weight73kg
HairDark Brown
Eye ColorBrown
Body TypeFit
Sexual OrientationStraight

There are some interesting facts regarding Gerald Cotten’s life that you ought to be aware of

NationalityCanada
EthnicityWhite Caucasian Descent
Zodiac SignUnknown
Net Worth$80 million
Single/ In a relationshipMarried
Current Girlfriend/ SpouseJennifer Robertson
ChildrenNo one
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