Creditors Seek to Exhume the Body of a Dead Crypto Executive
Gerry Cotten took at least $137 million to the grave when he died without giving anyone the password to his encrypted laptop.
In late January, the wife of a cryptocurrency exchange founder testified that her husband inadvertently took at least $137 million of customer assets to the grave when he died without giving anyone the password to his encrypted laptop. Now outraged investors want to exhume the founder’s body to make sure he’s really dead.
The dubious tale was first reported in February, when the wife of Gerry Cotten, founder of the QuadrigaCX exchange, submitted an affidavit stating he died suddenly while vacationing in India, at the age of 30. The cause, she said: complications of Crohn’s disease, a bowel condition that is rarely fatal. At the time, QuadrigaCX lost control of at least $137 million in customer assets because it was stored on a laptop for which—according to the widow’s affidavit—only Cotten had the password.