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Related: About this forumQuadriga: Cryptocurrency tycoon died leaving $145m in limbo. Now lawyers seek exhumation to check it
Source: CNN
Cryptocurrency tycoon died leaving $145m in limbo. Now lawyers seek exhumation to check it's really him
By Amy Woodyatt, CNN
Updated 1921 GMT (0321 HKT) December 14, 2019
(CNN) Lawyers representing users of the collapsed Quadriga CX cryptocurrency exchange platform are requesting that Canadian authorities exhume and examine the body of its late founder, Gerald Cotten, to check if the person buried there is really him.
Cotten, co-founder and CEO of Quadriga, died of complications in December 2018 arising from Crohn's Disease while traveling in India, the company said on Facebook. At the time, Quadriga -- once Canada's biggest cryptocurrency exchange -- said it was unable to gain access to his digital assets. At least $145 million were left frozen in Cotten's account.
Cotten's death plunged Quadriga into crisis and left it struggling to figure out how to refund more than 100,000 users of the currency. In April, Quadriga announced that the Supreme Court of Nova Scotia had issued a Termination and Bankruptcy Assignment Order outlining the process by which the Quadriga CCAA proceedings would be converted to bankruptcy proceedings.
Miller Thompson LLP wrote to the Royal Canadian Mounted Police on Friday requesting an exhumation and post-mortem autopsy on Cotten's body "to confirm both its identity and the cause of death given the questionable circumstances surrounding Mr. Cotten's death and the significant losses of Affected Users." The company confirmed to CNN the letter was genuine.
-snip-
By Amy Woodyatt, CNN
Updated 1921 GMT (0321 HKT) December 14, 2019
(CNN) Lawyers representing users of the collapsed Quadriga CX cryptocurrency exchange platform are requesting that Canadian authorities exhume and examine the body of its late founder, Gerald Cotten, to check if the person buried there is really him.
Cotten, co-founder and CEO of Quadriga, died of complications in December 2018 arising from Crohn's Disease while traveling in India, the company said on Facebook. At the time, Quadriga -- once Canada's biggest cryptocurrency exchange -- said it was unable to gain access to his digital assets. At least $145 million were left frozen in Cotten's account.
Cotten's death plunged Quadriga into crisis and left it struggling to figure out how to refund more than 100,000 users of the currency. In April, Quadriga announced that the Supreme Court of Nova Scotia had issued a Termination and Bankruptcy Assignment Order outlining the process by which the Quadriga CCAA proceedings would be converted to bankruptcy proceedings.
Miller Thompson LLP wrote to the Royal Canadian Mounted Police on Friday requesting an exhumation and post-mortem autopsy on Cotten's body "to confirm both its identity and the cause of death given the questionable circumstances surrounding Mr. Cotten's death and the significant losses of Affected Users." The company confirmed to CNN the letter was genuine.
-snip-
Read more: https://edition.cnn.com/2019/12/14/business/lawyers-exhumation-gerald-cotten-intl-scli/index.html
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Quadriga: Cryptocurrency tycoon died leaving $145m in limbo. Now lawyers seek exhumation to check it (Original Post)
Eugene
Dec 2019
OP
marble falls
(57,081 posts)1. What a great movie!
Haggis for Breakfast
(6,831 posts)2. He's NOT dead. That body is not his.
Vanity Fair reported on this in their latest issue. This guy is a con-man extraordinaire. He's alive and well some where. Along with the millions of dollars he stole.