Proof Of Death: QuadrigaCX Creditors Want Former CEO Gerald Cotton Body Exhumed
The law firm that represents the users of the collapsed QuadrigaCX crypto exchange have asked the investigating authorities to confirm the death of former CEO by exhuming and conducting forensic investigations of his body, CoinDesk reports.
The law firm known as Miller Thompson sent a letter asking the Royal Canadian Mounted Police (RCMP) to exhume and carry out forensic on the body belonging to Gerald Cotten. The letter states,
“The purpose of this letter is to request, on behalf of the Affected Users, that the Royal Canadian Mounted Police (the ‘RCMP’), conduct an exhumation and post-mortem autopsy on the body of Gerald Cotten 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.”
Cotten’s death was hidden from the public for more than a month, but QuadrigaCX still accepted deposits but some customers were not allowed to withdraw their funds within that period.
Later, Cotten’s wife, Jennifer Robertson, announced his demise in QuadrigaCX website upon which it went offline. She then proceeded to file for creditor protection explaining that her husband was the only person who held the private keys for the crypto exchange’s cold wallets. She went ahead to state that Cotten was the only person who had access to the exchange’s crypto holdings.
However, the court-appointed Ernst & Young as a monitor which went ahead to conduct an investigation and revealed that QuadrigaCX wallets had zero crypto holdings. The investigation also showed that the majority of the funds had been moved to different exchanges and private wallets. It was also revealed that the CEO had already used some of the funds deposited in QuadrigaCX.
Cotten’s death raised lots of eyebrows given that his wife indicated that he died of Crohn’s disease which is not fatal. In addition, he allegedly died in India and his death certificate issued misspelled his name.
According to the CoinDesk report the law firm is requesting for the exhumation to be expedited and the entire process be completed before the end of the next Spring season due to decomposition concerns.