A will of CEO working for Crypto Exchange QuadrigaCX was filed 12 days before he passed away

A famous crypto exchange QuadrigaCX located in Canada has lost its CEO Gerald Cotten. He has written his will only 12 days before he passed away. Documents state that Cotten’s last will and testament have been signed on November 27, 2018, and the main beneficiary mentioned in them was his beloved wife Jennifer Robertson. According […]

By - February 13, 2019
Bitcoin - Canada - QuadrigaCX - Cryptocurrency Exchange

A famous crypto exchange QuadrigaCX located in Canada has lost its CEO Gerald Cotten. He has written his will only 12 days before he passed away.

Documents state that Cotten’s last will and testament have been signed on November 27, 2018, and the main beneficiary mentioned in them was his beloved wife Jennifer Robertson.

According to Bloomberg, the heritage received by Robertson is rather impressive. First of all, these are properties located in Nova Scotia and Kelowna as well as a luxurious car, yacht, plane and 2 small dogs of the Chihuahua breed.

QuadrigaCX crypto exchange has experienced a difficult time after the death of its CEO. The reason for Cotten’s death is complications brought about by Crohn’s disease.

Robertson filed an affidavit where she admitted that nobody except for Cotten could access crypto wallets, but unfortunately, he did not leave any password. There are over 100 thousand users with over $250 million crypto and fiat money who have suffered from this situation and experienced money loss.

There is information that some users of the crypto exchange have turned to lawyers for help in order to get their money back, but QuadrigaCX has received a stay for 30 days by a court when lawsuits cannot be issued to it.

Crypto community has faced controversy caused by the death of CEO as there are even claims of users who accuse him of fake death because he wanted to take all the money. But these rumours have stopped after the issue of the death certificate that confirmed that he passed away on December 9.

It has also become known that the court ordered the representatives of QuadrigaCX exchange to give the encrypted laptop with information about all the crypto reserves. In addition, the company lawyers announced the decision to sell it so that all the debts were covered.

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