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September 25, 2021

Netflix Eyes Mysterious Disappearance of $190,000,000 After Death of Crypto Exchange CEO

By Daily Hodl Staff

One of the biggest mysteries in the cryptocurrency sector is getting fresh scrutiny in a Netflix documentary.

The online video streaming giant says in a tweet that it will air an investigative documentary titled “Trust No One: The Hunt for the Crypto King”.

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The documentary focuses on Gerald Cotten, the founder and CEO of QuadrigaCX, Canada’s biggest cryptocurrency exchange until two years ago.

Cotten, a Canadian, died in December of 2018 while on a honeymoon in India, but his death went unannounced until January 2019.

The QuadrigaCX CEO was allegedly the only one with the private keys required to access the crypto assets in the exchange’s custody, believed to be worth $145 million (C $190 million) at the time of his death.

Netflix says the documentary will air starting next year.

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“TRUST NO ONE: THE HUNT FOR THE CRYPTO KING

Follow a group of investors turned sleuths as they try to unlock the suspicious death of cryptocurrency multimillionaire Gerry Cotten and the missing $250 million they believe he stole from them. Premieres in 2022″

Cotten’s sudden death in a foreign land and the disappearance of millions of dollars worth of crypto assets led to conspiracy theories that included suspicions that Cotten might have faked his death.

A report by Canadian Broadcasting Corporation in May quoted Cotten’s widow denying the theory, saying through her lawyer that “she was with Mr. Cotten at the time of his death and he is most certainly dead.”

QuadrigaCX entered bankruptcy proceedings soon after Cotten’s death, and by May, the amount recovered to pay the roughly 76,000 creditors totaled $36,357,894 (C $46 million).

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Featured Image: Shutterstock/Don White – Art Dreamer/Vladimir Sazonov