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Gerald Cotten died on his honeymoon in India at just 30.
He was supposedly the only one with access to the passwords.
$190M in customer funds—gone overnight. No backups. No contingency. Just locked wallets no one could open.
That was the official story.
Then investigators looked deeper.
When authorities traced QuadrigaCX cold wallets—the ones meant to hold customer funds—they found something shocking:
They were empty.
Not recently drained.
Empty for a long time.
Turns out Cotten had allegedly been moving customer funds into personal accounts for years—running one of Canada’s biggest exchanges by day, quietly draining it behind the scenes.
No alarms. No oversight. Just trust.
And then it got stranger.
His body was never properly examined. He was buried quickly.
Later, when officials pushed for exhumation—the family refused.
The case was never fully closed.
And some blockchain activity linked to those wallets appeared after he was reportedly dead.
Was it mismanagement?
Fraud?
Or something more calculated?
No clear answers.
No recovered funds.
No closure.
Accident—or one of crypto’s most mysterious exits?
Some stories don’t end. This is one of them. 👇