The law firm from Canada, Miller Thomson, which is involved with the QuadrigaCX victims and case in general has made a specific request to the Royal Canadian Mounted Police (RCMP) to conduct an exhumation and post-mortem autopsy of the body of Gerald Cotten who is the deceased owner of the now-defunct crypto exchange.
On December 13, a letter to the RCMP sent from Miller Thomson lawyers explained that the request to exhume and examine Cotten’s body was appropriate given the “questionable circumstances surrounding Mr. Cotten’s death and the significant losses” sustained by the users of the cryptocurrency exchange which is no longer in operation.
The law firm also pointed to the publicly available information about the debacle which surrounded the Canadian crypto exchange. The QuadrigaCX users are still in shock but the law firm highlighted “the need for certainty around the question of whether Mr. Cotten is in fact deceased.”
Over the past year, the QuadrigaCX exchange has been engaged in a lengthy court case with its creditors. Some of them have speculated wildly to the fate of the lost cryptocurrency and some were convinced that Cotton could have faked his own death.
For those of you who were not following the crypto news at the time, Cotton reportedly died in India from a fatal disease in December 2018, taking the private keys and passwords to the crypto wallets along with him. This resulted in users losing around $190 million and the exchange being engaged in lengthy court cases with its creditors.
In October, the widow of Gerald Cotten named Jennifer Robertson handed over $9 million in assets to the users of the QuadrigaCX cryptocurrency exchange. As she announced in a personal statement, she would be transferring the majority of the estate assets to EY Canada, the Big Four auditing firm which acted as the bankruptcy trustee for QuadrigaCX users during the insolvency hearings.
“I have now entered into a voluntary settlement agreement where the vast majority of my assets and all of the Estate’s assets are being returned to QCX to benefit the Affected QuadrigaCX victims,” Robertson explained.
For now, we are awaiting a response from the RCMP which will be crucial for the next events.
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