Gerald Cotten was a businessman from Canada. He was also the CEO and creator of Quadriga Fintech Solutions, the biggest bitcoin market in Canada. He was born in Fall River, Canada on May 11, 1988. Gerald Cotton was 30 years old in 2018. Gerald Cotten died in a strange manner in 2018 after visiting India.
Netflix is now developing a web series focused on his story. Gerald Cotten is well-known on the web for his documentary and when this story broke, people began looking for information about him. Here we discuss what all we know about Gerry Cotton. Let’s have a closer peek at each of these details.
Gerald Cotten’s Early Life
Gerald Cotten was born and nurtured by his family in Paul River, Canada. He went to school and college in Canada, graduating from York University and the Schulich School of Business. Gerald grew up in Belleville, Ontario, before entering the Schulich School of Business at York University in Toronto.
He had always aspired to be a businessman, so he went to one of the best universities, worked tirelessly, and ultimately became a well-known businessman. He went on to become a wealthy Canadian businessman and the owner of QuadrigaCX.
About Gerald Cotten’s Professional Life
Gerald Cotten discovered bitcoin in Toronto and moved to Vancouver, British Columbia, where he co-founded Quadriga with Michael Patryn in November 2013. Quadriga began by just handling area business. After the first month, their online exchange became live. They constructed the 2nd Bitcoin ATM in Vancouver in January 2014. Only C$7.4 million in bitcoin was transacted on Quadriga in 2014.
QuadrigaCX went bankrupt in January 2019 after its creator, Gerald Cotten, died for mysterious reasons in India. Along with him, over $200 million (Canadian) in customers’ cash vanished.
Cotten has been operating Quadriga like a Ponzi scheme, using consumer deposits as his private slush fund, according to inquiries. His demise came at an odd time when the clock was beating on his Ponzi scheme. Cotten was having difficulty keeping up with consumer transactions. Instead of being apprehended and imprisoned, he died and went to paradise. While some believe he faked his death.
About Gerald Cotten’s Wife
Cotten married Jennifer Robertson, whom he befriended 4 years prior, 6 months before his death. He made a thorough will weeks before his death, handing it all to her. When Quadriga’s clients discovered they had been misled, they were filled with concerns. A few of the inquiries were addressed at Robertson, who was the person who was closest to Cotten when he died.
During Quadriga’s bankruptcy proceedings, Robertson declined media appearances. There were not many details available about her. “Bitcoin Widow: Love, Betrayal, and the Missing Millions” is her new book. The majority of what is in the book is previously known via court records and inquiries. It also offers information that most people are unlikely to care about.
How Did Gerald Cotten Die?
He was on his honeymoon, experiencing the beauty of Jaipur. He died for unknown reasons 24 hours later, taking significant knowledge and bitcoin passwords with him to the coffin. His death has now thrown his firm and sector into disarray.
What occurred to him is a puzzle with far-reaching implications, not just for customers whose entire savings are at stake, as well as for the coming years of Canada’s virtual currency market, an uncontrolled business whose absence of investor safeguards has been revealed in a gruesome manner by Mr. Cotten’s death.