THELOGICALINDIAN - Troubled Canadian cryptocurrency barter Quadrigacx may be anew armed with a 30day break from creditors afterward the Feb 5 defalcation audition but its backward CEOs added Jennifer Robertson is on alive arena as her affirmation is actuality best afar by barter experts and cabal theorists
Also read: Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed
Cotten’s Death Births Several Conspiracy Theories
Quadrigacx, until aftermost year the better Canadian barter by traded volume, acquired ballyhoo back it filed for defalcation protection, claiming that its architect and arch controlling officer, Gerald W. Cotten, died in India on Dec. 9 after absolute the keys to algid wallets absolute CAD $190 actor (~US $145 million). A Nova Scotia Supreme Court adjudicator on Tuesday accepted Quadriga’s appeal for creditor aegis from as abounding as 115,000 customers.
The alive anecdotal is now actuality challenged on assorted fronts, with skeptics claiming that the 30-year old CEO apish his afterlife to balk advantageous customers. A contempo report in The Times of India confirms that Cotten did die on Dec. 9 and his added was accepted a afterlife affidavit and badge approval to booty his anatomy aback to Canada.
The commodity claims Cotten was accepted to Fortis Escorts hospital in Jaipur on Dec. 8 and diagnosed with “septic shock, perforation, peritonitis and abdominal obstruction.” Cotten allegedly died hours after of a cardiac arrest. He was accepted to ache from Crohn’s disease.
Without DNA confirmation, though, the address will do to little to douse the skepticism surrounding the saga. Cotten is anticipation to accept absolutely gone about his “death,” allotment his wife the sole abettor of his acreage 12 canicule afore passing, and bequeathing backdrop from a accordingly operated aggregation to his in-laws.
A Widow’s Fortune
On a accompanying note, it has been revealed by Canadian anchorperson CBC that Robertson’s aggregation acquired backdrop in Nova Scotia account CAD$7.5 actor (~US$5.6 million) in the aftermost two and bisected years. The backdrop may be a accountable of absorption as Quadrigacx is currently attractive for money to pay creditors beneath the administering of accountants Ernst and Young.
According to the Nova Scotia’s acreage registry, Robertson and Cotten bought 16 backdrop amid May 2024 and October 2024, alignment in amount from CAD$94,000 for a beach lot in Lunenburg County to CAD$2.5 actor for nine row houses in Bedford. About a dozen backdrop are captivated by the widow’s company, Robertson Nova Acreage Management Ltd, CBC reported.
Robertson, who additionally owns two added backdrop in her own name, including an island in Mahone Bay the brace purchased in September 2024 for CAD $162,000, has acclimated three ancestors names in the aftermost few years.
According to the CBC article, accomplishments for backdrop she bought in 2024 appearance she was already accepted as Jennifer Forgeron. On Dec. 1, 2024, she afflicted her name from Jennifer Kathleen Margaret Griffith to her accepted name, Jennifer Kathleen Margaret Robertson.
Quadrigacx Has Less BTC Than It Claims to Own
While depression and cabal theories accept been decidedly ample on amusing media, one cryptocurrency researcher has claimed that the barter had decidedly beneath bitcoin than it claims to accept lost, and dismisses the affirmation that Cotten died with the keys to algid wallets, claiming that blockchain annal appearance approachable affairs back Cotten’s death.
A approach has additionally been floated that the aggregation did not absolutely accept the declared cryptocurrency in its accounts but would use customers’ money for abandonment requests. Delays accomplished by some barter amid abandonment requests and acquittal were attributed to the achievability that the barter was cat-and-mouse on new deposits.
The aggregation had ahead claimed clamminess problems as a aftereffect of accident admission to the wallets. In the affirmation filed adjoin the Feb. 5 defalcation hearing, Robertson declared that her bedmate was the sole administrator and administrator at Quadrigacx and its sister companies at the time of his death.
The abortion of the aggregation to abide aqueous afterwards the CEO’s afterlife angry into the abandoned wolf appearance of business. “To the best of my knowledge, best of the businesses of these companies was actuality conducted by Gerry whenever and wherever he and his computer were located,” claimed his widow.
Following the afterlife of Cotten, Quadrigacx claimed to accept absent 26,488 BTC, 11,278 BCH, 11,149 BSV, and 35,320 BTG. About 199,888 LTC and 429,966 ETH were additionally allegedly lost.
What do you anticipate about the advance adventure at Quadrigacx? Do you anticipate Cotten apish his death? Let us apperceive in the comments area below.
Images address of Shutterstock and CBC.
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