Instead, suddenly, unexpectedly, almost inexplicably, a seemingly healthy thirty-year-old Cotten died in an intensive care unit in India, of complications from Crohns disease. Bitcoin, I learned, is a form of cryptocurrency, which exists only in digital form and can be bought and sold and valued in transactions that are beyond the control of banks or governments. Indias highways are getting better, and why thats the reason you should chuck that worn-out tyre, Why the US-India relationship is the key to the next era of globalisation, Choose your reason below and click on the Report button. It was one thing to try to wrap her mind around the idea that Cotten had scammed users of Quadriga out of money; it was another to find out that he had run his first online Ponzi scheme when he was 15 years old and never stopped. She also mentioned that she was, Cottens Death Had The Crypto World In A Frenzy, There is no doubt that Cottens death saddened his family and close ones. In preparation for the hearing, Id had to prepare yet another affidavit on behalf of the company, recommending the appointment of a new director who could straighten out Quadrigas tangled affairs and then sell the platform to someone elseanyone elseso I could finally grieve for the man Id loved. Let us also find out about the whereabouts of the famous QuadrigaCX founders widow. Like much of the rest of the world, I learned about Gerrys fraud incrementally. Jennifer Robertson (Quadriga) - Wikipedia Fact-based journalism that sparks the Canadian conversation, My husband started a cryptocurrency empire that made us rich. Additionally, her fianc has two girls from a previous marriage. I don't recommend it. As Robertson admitted that only her husband knew the password, he was charged with staging his death. 2023 Cinemaholic Inc. All rights reserved. Likewise, the public was not much intrigued about their lives up until Geralds name got tainted by him being a fraud. Jennifer had even received death threats, and according to Kimberly, the widow had to be placed in a safe house at an undisclosed location for a while for her safety. Over the next four years, as his company, QuadrigaCX, expanded exponentially, Cotten and Robertson, twentysomethings in love, became wealthy beyond their wildest imaginings. It hurt in ways it shouldnt have when strangers not only didnt like me but appeared to actively hate me. Robertson said she never suspected anything in all those years with Cotten. I was ready to write an ending to this chapter of my life. Contribute. Ernst and Young, appointed by the court to sort out Quadrigas financial situation, had decided it was time to shift Quadriga from creditor protection to bankruptcy proceedings. Which is where cold wallets enter the picture. Times up. Click. They just dont understand Bitcoin. Cotten claimed he worked in bitcoin when . Netflixs Trust No One: The Hunt for the Crypto King delves into what happened to the company and its customers after Gerrys death. Jennifer Kathleen Margaret Robertson (born Jennifer Griffith, 1988) is a Canadian real estate developer, best known as the heir and widow of the CEO of the controversial QuadrigaCX cryptocurrency exchange.. Robertson and Gerald Cotten were in a relationship for several years, prior to their October 2018 marriage. Ernst and Young had managed to identify six Quadriga cold wallets so far but had found almost nothing inside any of them. click here! In fact, his profile was the first one she swiped right to. So far, that effort had generated a paltry $5,000. Together, we can preserve the integrity of Canadian media and ensure that our democracy thrives. 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 . So far, Ernst and Young had recovered only $32 million in cash, much of it the formerly frozen CIBC funds. Jennifer Robertson Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. I had no idea what he was talking about; when I checked, the high-end travel company was a La-Z-Boy store that had supplied all the furniture we bought for our Kelowna home. Ask an Ecology Expert: How Is the Climate Crisis Changing Our Seasons. Roughly $200 million (Canadian) in customer funds disappeared along with him. In fact, it appeared as though the Bitcoins the wallets tracked had been transferred out in the months before Gerry died. I now know that wasnt true. Investigations revealed that Cotten . At the beginning of that year, you could buy a single Bitcoin for $13.28 (all figures in this paragraph US). So, this could be one of the main reasons contributing to her sudden disappearance. At the time, Jennifer had an Irish wake that involved a lot of food and alcohol, which didnt sit well with Gerrys parents. After that, the number of overt online death threats decreased. I obtained was *not* given promotionally a draft proofreading copy of her autobiography. Earlier this year, she published her memoir, Bitcoin Widow, mentioned above. Help us build our profile of Gerald Cotten and Jennifer Robertson! . Gerrys so smart. Use of this Website assumes acceptance of Terms & Conditions and Privacy Policy | Accessibility, Published Thursday, January 20, 2022 8:49AM EST, Last Updated Thursday, January 20, 2022 10:06AM EST, 'Chances are basically zero' of recovering some Bitcoin passwords worth millions: cryptocurrency firm, Widow of QuadrigaCX founder to hand over most assets in settlement, FBI reaching out to users of defunct cryptocurrency exchange QuadrigaCX, QuadrigaCX cryptocurrency exchange officially placed in bankruptcy, An insider's view of the Quadriga meltdown: 'It's kinda devastating', Lawyer says QuadrigaCX is out of money: 'We don't have anything', Some 35,000 CRA workers continue strike as tentative deal reached with Treasury Board, What you need to know about the agreement that ended the PSAC strike, Passport services to resume following PSAC strike, longer lines expected, Strike over for 120,000 public servants as union inks tentative deal with feds, U.S. to end vaccine requirements for Canadians at land border, international air travellers: officials, Man who threw stones at PM Trudeau in 2021 to be sentenced next week, CTV National News for May 1: Remembering Gordon Lightfoot, 1938 - 2023: Remembering the legendary Gordon Lightfoot, Archive: One-on-one with Gordon Lightfoot in 1993, Legendary folk singer-songwriter Gordon Lightfoot dead at age 84, Florida Panthers limit non-U.S. residents from buying Maple Leafs playoff road tickets, Myles Gray died by homicide, B.C. Review: 'Bitcoin Widow,' by Jennifer Robertson (QuadrigaCX) In less than a decade, cryptocurrency had grown exponentially in popularity, attracting all sorts of people for all sorts of reasons. Ernst and Young would investigate the company and declare, in June of 2019, that Cotten had used money in the exchange for his own purposes, including trading other peoples assets to other exchanges using multiple dummy accounts. I do remember Gerry telling me how careful he was to make sure his business was above reproach. 30, 2022|Published 13:34, Feb. 14, 2022. No one knew where to find $215 million belonging to more than 76,000 investors. The pair met in 2014 on Tinder. I was no longer in denial that all the money the monitor claimed was missing really was. If I had, did that make me a bad person too? He did day trades, Questrade. I decided to propose a financial settlement I believed would be enough to satisfy Quadrigas creditors while -allowing me to press reset. When the 30-year . Likewise, the public was not much intrigued about their lives up until Geralds name got tainted by him being a fraud. $215M missing: Mysterious death of CEO of Canada's largest I couldnt believe that. We could buy a house in Nova Scotia, another in British Columbia, even our own island with a yacht not just a sailboat to get us there. Jennifer Robertson Blogs, Comments and Archive News on Economictimes.com . Her ex-husband left her his mansion and yacht in his last will, which helped her become more valuable. People then demanded that his body be exhumed to prove he was truly dead. So, Cottens death remains a mystery to this day. In the documentary, Kimberly talked about how there was no way Gerry would fake his death. Kimberly Smith Now: Where is Jennifer Robertson's Sister Today? Update Want to make money amid high volatility? At The Walrus, the future of journalism is funded by engaged citizens like you. In October 2018, Jennifer Robertson was living the life of her dreams. Gerry had stolen it. placement: 'Right Rail Thumbnails', Robertson said that her new book is very clear about her mental health struggles in the hopes that her experiences will help others going through something difficult make a turnaround. For more audio from The Walrus, subscribe to AMI-audio podcasts on iTunes. placement: 'Below Article Thumbnails 3rd', Many even claim that the businessman used the money from his company for his personal use. on our house in Kelowna, for example, but I wasnt permitted to sell it without the trustees permission. The media dragged Gerald Cotten's wife, Jennifer Robertson, into the spotlight after his mysterious death. Did You Know Shug McGaugheys Son Chip McGaughey Has a Different Role in Horse Racing Business? The harassment got so bad that I called the Halifax police. Well, the widow is also not active on any social media platforms, making it nearly impossible to track her current whereabouts. They had become involved with a website called TalkGold, which Vanity Fair later claimed was devoted to high-yield investment programs, or HYIPs, more commonly known as Ponzi schemes., I tried to square the benign man I had known and lovedthe smartest, funniest, kindest person Id ever met, a man who had taught me so much, the only man Id ever known who offered me unconditional love, who made me feel like his number-one person alwayswith the shady scam artist described in the media reports. Given how much money Cotten and Robertson were spending, its understandable that many including some reviewers of her memoir are skeptical about her claims that she didnt know anything about Cottens lawbreaking. I so badly wanted Gerry to obviously be alive, one because he is my husband and two because he could sort this all out or provide answers, so when the world is screaming hes still alive, and you know that hes not, it can be difficult to deal with that when youre grieving., Speaking about when the Ontario Securities Commission determined that Cotten was basically running a Ponzi scheme and Robertson was forced to hand over the majority of the assets left to her in her husbands will, which was signed two weeks before his death, Robertson said she lost her home but just had to keep pushing forward.. Not much, he said. PLAN, Yearly I told Niedermayer that, if it was indeed their money and that had been proven, then they should have it. Teen gets accepted to 170 colleges, bags scholarship worth $9 mn, Jiah Khan suicide case: 'Who will give me 10 yrs of my life back?' It doesnt really matter, he replied, because Gerrys not here. Is She the Tinder Wife or the Crypto King's Black Widow? - Medium Learn more or change your cookie preferences. With her partner, she is expecting a daughter. When it came to property, he and his then-girlfriend Jennifer . According to a court filing first reported by CoinDesk, a cryptocurrency news and events company, Jennifer Robertson, identified as Cotten's widow, said the exchange owes its customers roughly C . Get your daily dose of business updates on WhatsApp. Now he was on the phone again with what I assumed was an update on the negotiations. Now she is telling her side of the story. At the time, I was holding close to $12 million in properties, cash, and other assets on my own behalf and as Gerrys executor. But none of it made me feel safe. All I knew was that I felt empty, drained. 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