With her partner, she is expecting a daughter. In December 2018, they were on a trip to India to sponsor an orphanage when . Worse, Gerry had mixed Quadrigas income with his own, using funds that belonged to Quadriga investors to finance his lifestyle. The best the company could suggest was to block trolls from future posts, but of course, the damage had already been done. Gerald and Jennifer kept most of their relationship away from the public. Quadriga CX, once the biggest cryptocurrency exchange in Canada, was founded by Gerald Cotten. According to Robertsons account of the settlement process, she initially resisted the deals Ernst and Young proposed, but as she realized the full extent of Cottens duplicity, she realized that there was no alternative and that her assets were the byproduct of stolen property. 2023 Cinemaholic Inc. All rights reserved. I soon began receiving puzzled messages from Facebook friends. I so badly wanted Gerry to obviously be alive, one because he is my husband and two because he could sort this all out or provide answers, so when the world is screaming hes still alive, and you know that hes not, it can be difficult to deal with that when youre grieving., Speaking about when the Ontario Securities Commission determined that Cotten was basically running a Ponzi scheme and Robertson was forced to hand over the majority of the assets left to her in her husbands will, which was signed two weeks before his death, Robertson said she lost her home but just had to keep pushing forward.. I don't recommend it. Roughly $200 million (Canadian) in customer funds disappeared along with him. placement: 'Below Article Thumbnails 2nd', They noted that Ernst and Young had asked for more information from my lawyers as well as an agreement to freeze my assets while it reviewed any information we provided. I decided to write this book because I wanted to be able to have a platform where I could say exactly what I wanted to say, and the media wouldnt be able to twist it, Robertson said of Bitcoin widow: Love, Betrayal & The Missing Millions. I also had a lot of grief and things I had to work through so I had to make sure that I was ready to write the book and have it be published.. There has to be a mistake. Gerald Cotten's gambling before his death, rather than a fake death enabling an exit scam, seems to be why Quadriga's cold wallets were empty. When I initially tried to sell the plane and the boat after Gerry died, my only purpose was to provide emergency funds to keep Quadriga operating. The Globe and Mail dispatched a team of journalists across Canada and even to India to ferret out every scrap of information they could, in a bid to better understand how [Gerry] died, but also to get a glimpse at how a man who carried the keys to vast sums of other peoples money lived. Thanks to the posse of reporters, Quadriga creditors, and conspiracy theorists rummaging through the closets of Gerrys past, I soon began to learn all sorts of things I hadnt known, and some I hadnt wanted to know, about Gerald Cotten. Gerald Cotten was a Bitcoin entrepreneur. And so did I. Who Is Jennifer Robertson Husband, Gerald Cotten? Even after Id answered every question about every personal expense for the previous year, for example, the emails kept pushing. According to the investigation, Gerald passed away from Crohns illness, but several others attempted to take their money immediately after his passing. Her ex-husband left her his mansion and yacht in his last will, which helped her become more valuable. By subscribing to this BDG newsletter, you agree to our. The account had been frozen since 2017. How much worse could it get? Netflix's 'Trust No One: The Hunt for the Crypto King' delves into what happened to the company and its customers after Gerry's death. She eventually went back to school and fell in love with teaching, she said, and is looking forward to a new chapter in her life, telling Your Morning that she is now in the third trimester of pregnancy. container: 'taboola-below-article-thumbnails-2nd', Kimberly also mentioned an incident at Gerrys wake a confrontation between Jennifer and Gerrys parents. Along with Gerry, I remained the villain of this story. As stated above, the couple got married in October 2018. Well let you know as soon as Jennifer reveals the truth about her personal life and financial situation. The settlement she reached with Ernst and Young in October of 2019 required her to turn over cash and investments as well as real estate and vehicles, and allowed her to keep $90,000 in cash, her personal retirement savings plan (worth $20,000), her personal car (a Jeep), her jewelry (including her wedding ring, but not her engagement ring), and her clothing and some furniture. After the pictures of our houses in Fall River, Nova Scotia, and Kelowna, BC, were posted online, I spent a few sleepless nights at my mothers house in Nova Scotia before renting a furnished apartment on a month-to-month basis at Bishops Landing, a condominium project beside Halifax Harbour, in the citys south end. mode: 'thumbnails-a', There has to be something they dont understand, I remember insisting to Niedermayer. Jennifer Robertson Blogs, Comments and Archive News on Economictimes.com . She also believed that their assets were bought from their own money. Part of me felt as though our life together had been a dream, the best dream you could ever imagine, and now it was time to wake up. And then, in the middle of all that, I thought of how much I missed Gerry, how much I needed him now. An investigation later found out that Gerry had committed fraud with the customers' money, leaving them with [] He was frequently interviewed about the business of Bitcoin and was shown in a 2014 online video in which he helped two preschool kids insert a $100 bill into an early Bitcoin ATM in Vancouver to demonstrate just how easy it was to convert ordinary cash into cryptocurrency. Consider 2013, for example, the year Gerry began Quadriga. He begrudgingly says his name is Jim. As per recent interviews, Jennifer now seems to be doing much better. But I was still shocked to be targeted as someone who should be tortured and then murdered in various horrific ways. I know some were just venting, but others seemed deadly serious. Cotten claimed he worked in bitcoin when . A Vanity Fair report on Quadriga notes that, between 2016 and Cottens death in 2018, Robertson documented her trips to Machu Picchu, Dubai, Oman, Myanmar, the Maldives, and Rio de Janeiro. Cottens money allowed them to travel extensively and in high style, something Robertson loved. That didnt stop the press from writing stories featuring a version of me I barely recognized. Excerpt: An excerpt or short part of a book or story, published with the permission of the author/publisher. Ask an Ecology Expert: How Is the Climate Crisis Changing Our Seasons. The Trust Project is a collaboration among news organizations around the world. Enjoy massive discounts, cashback offers on iPhone 14, Apple Watch Ultra, MacBook Air, Weekend vibes: 'Brilliant' husband day care ad tickles Anand Mahindra's funny bone, A problem of plenty! He suggested approaching Kinsman with a settlement proposal that would allow me to extricate myself from the mire that Quadriga had become, keep what was mine, and get on with making a new life for myself. PLAN. I mean, this is Bitcoin. In fact, it appeared as though the Bitcoins the wallets tracked had been transferred out in the months before Gerry died. Regardless, she must be living a comfortable life with what was left of her fortune. Never filed taxes? From vaccine misinformation to political polarization, the challenges our society is facing today are too important for half-truths. Dont miss out on ET Prime stories! I had no idea what he was talking about; when I checked, the high-end travel company was a La-Z-Boy store that had supplied all the furniture we bought for our Kelowna home. According to Ernst and Young, an accounting firm appointed by the Ontario Securities Commission (OSC) to investigate Quadriga, Family members were expecting to receive an email with critical Quadriga operating information that is, a dead-man switch within days of Mr. Cottens passing, which would have allowed Robertson to take on management of the exchange, and return money to people who asked for it. Robertson and Cotten met on a Tinder date in 2014, when they were both around 26 years old. Robertson, online posters insisted, was conspiring with Cotten, whod faked his own death and was hiding in some extradition-free backwater until they could rendezvous and live happily ever after. And Gerry was great at making trades. Everything was going well until the press released the news of his death. It didnt. With thanks,Jennifer HollettExecutive Director, The Walrus. The Bitcoin that only Cotten could access was lost, but the firm could tackle more concrete assets, including most of what Robertson owned. Niedermayer and I talked about how much of that I might be able to keep in a settlement. So, this could be one of the main reasons contributing to her sudden disappearance. The report did not shine a favourable light on Quadrigaor Gerry. In early June, the FBI announced it was trying to identify victims of Gerrys fraud to provide these victims with information, assistance services, and resources. Coindesk, a cryptocurrency news site, reported that Australian authorities had even become involved. The Crypto King, aka Gerald "Gerry" Cotten, died in 2018, but his mysterious death is still a subject of controversy today. As a result, where the money went is unknown to this date. Gerald Cotten was a like a dream to . mode: 'thumbnails-a', Fox shares hopeful message on Parkinson's battle, Canadian Leafs fans unable to buy tickets for Florida games. She then enrolled at Vancouver University, where she eventually earned her degree. Yet, on October 8, 2019, Gerald Cottens wife returned 12 million Canadian dollars to Quadriga from her husbands estate. Bob wed his stepmother Linda Cullen after her parents separated. Jennifer Robertson is a well-known Canadian Actress, comedian, and writer who has made several film and television appearances. Even if everything about Quadriga had been above board, the reality was that the company represented a much bigger problem for everyone involved. Currently studies BALLB and has a passion for reading cases, documentaries, and music. Now she is telling her side of the story. When he died, I learned it was just a facade. _taboola.push({ Another $230,000 would go to Quadrigas lawyers and $17,000 would be set aside to pay Quadrigas remaining contractors whod been working with the monitor. I got off the phone and tried to fit together all those puzzle pieces I hadnt been ableor willingto put into their logical places. Market Research. According to a financial prospectus I read about later, Quadriga claimed to be processing between sixty and ninety per cent of the volume of digital currency exchange transactions in Canada by November 2015. How many times had Gerry railed to me about Trudeaus greedy government or complained about the millions of dollars hed had to pay in taxes? It had become a horror film with me in the role of both villain and victim. Jennifer Robertson, melakukan perjalanan ke India di mana Cotten, yang menderita Crohn's disease, jatuh sakit. The monitor said it had found one Quadriga account in a Canadian credit union containing $245,000. Some information may no longer be current. After Gerald, her husband, mysteriously passed away while they were on their honeymoon in 2018, Jennifer was devastated. She lives in Nova Scotia. Jennifer Robertson is Gerry Cotten's widow. Even before I met him, Gerry was a well-known and sought-after cryptocurrency advocate. 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But he did die, and he left nothingno instructions, nothing. Ernst and Young, appointed by the court to sort out Quadrigas financial situation, had decided it was time to shift Quadriga from creditor protection to bankruptcy proceedings. The pair were then enjoying their honeymoon in Jaipur, India. Cottens duplicity is the subject of Trust No One: The Hunt for the Crypto King, the latest in Netflixs growing library of documentaries about scam artists. Also Read:Who Is Cliff Chamberlains Wife, Robyn Senchak Chamberlain? Instead of haggling over the details in court, I wanted to make a deal with the trustee for a fresh start. That settlement, he told me simply, isnt going to happen. Throughout the film, the crypto investors who lost money through the Quadriga exchange in some cases, hundreds of thousands of dollars express their conviction that Robertson must have been in on Cottens scam, that she may have killed him, or even that she killed her previous husband (who is, in fact, alive and well). People who had transferred money onto the exchange and were trying to cash out couldnt access their money, which in some cases meant that they had lost access to large sums. +Includes DocuBay and TimesPrime Membership. I mean, Gerry loved to gamble. Who was Gerry? Back at home, they were investing in equally luxurious real estate. My own lawyer put it another way: given that the assets I turned over were estimated to be worth $12 million, Id ended up with slightly more than 1 percent of the total value. (AP/Rick Bowmer). Why did you do that? In less than a decade, cryptocurrency had grown exponentially in popularity, attracting all sorts of people for all sorts of reasons. Kids Family And Net Worth. Visibly shaking, he demands a reporter and a photographer leave the property.. container: 'taboola-right-rail-thumbnails', By this point, all I wanted to do was wash my hands of the whole thing. So, in this article, let us learn about Gerald Cottens wife. The reality was that wed be negotiating not only with the bankruptcy trustee but also with a committee representing those described as Quadrigas affected userscheated investors who, understandably, wanted to claw back every penny Gerry had ever taken out of Quadriga. Cotten was smart, successful, and kind. But its value continued to increase exponentially, if erratically, as Bitcoin was discovered by all manner of investors, from curious financial dabblers to anti-establishment activists and even criminals who found the byzantine world of cryptocurrency an irresistible and convenient means to mask their black market transactions. When it came to property, he and his then-girlfriend Jennifer . However, Jennifer had claimed in her court documents that she had. Learn more or change your cookie preferences. Truth didnt matter much in the months after Cottens death, as the trolls began to stalk and threaten Jennifer Robertson. Thus it stands to reason that she did not experience hardship as a child. Robertson currently lives in Halifax, in Nova Scotia, with her partner and their chihuahuas Nitro and Gully. Let us also find out about the whereabouts of the famous QuadrigaCX founders widow. His name was Gerald Cotten, and he went by Gerry; his girlfriend was a property manager named Jennifer Robertson, or Jen; her two Chihuahuas, who liked to sun themselves on the deck as the . Rumors circulated at the time that Robertsons husband had faked his death and fled with millions of dollars. Quadriga was Gerrys business, and that was fine with me. Another issue involved something called wallets. Since you cant keep cryptocurrency in conventional bank accounts, people use virtual wallets to store and protect their holdings. window._taboola = window._taboola || []; Jennifer Robertson is the widow of Gerald Cotten, who died suddenly in India in December, leaving his business in chaos and as much as $180 million of cryptocurrency locked in his encrypted laptop . I was no longer in denial that all the money the monitor claimed was missing really was. A few months later, in July 2010, the real-world value of a single Bitcoin had rocketed from eight 10,000ths of a dollar to all of eight cents. Our lifestyle! Read more to find out how Robertson and Cotten met, what happened to Robertson after his death, and where she is now. The media dragged Gerald Cotten's wife, Jennifer Robertson, into the spotlight after his mysterious death. . He had a job to do: find out what had happened to the money and then recover as much of it as possible for Quadrigas customers. From Humble Beginnings to Millions: Shug McGaugheys Net Worth Journey. _taboola.push({ I decided to propose a financial settlement I believed would be enough to satisfy Quadrigas creditors while -allowing me to press reset. During the course of the monitors investigation into Quadrigas business and affairs, the monitor became aware of occurrences where the corporate and personal boundaries between Quadriga and its founder Gerald Cotten were not formally maintained, and it appeared to the monitor that Quadriga funds may have been used to acquire assets held outside the corporate entity. Ernst and Young wanted me to agree, voluntarily, to what is known as an asset preservation order, so that it could do its work without concern that assets possibly recoverable for the applicants stakeholders may be dissipated.. Gerald and Jennifer kept most of their relationship away from the public. (Candace Berry Photography) 30, 2022|Published 13:34, Feb. 14, 2022. He had essentially gambled away more than $100 million of the customers investments before his sudden death. For their honeymoon, the couple set off for India where Cotten, only 30, suddenly died due to complications from his Crohns disease. . I wanted to tell him the truth: Because we had lots of money. Hot wallets are connected to the internet and can be used by investors to buy, sell, and trade cryptocurrency with other users in real time. I was still responsible for the upkeep, insurance, taxes, etc. Jennifer Robertson is the widow of Gerald Cotten, the serial scammer who founded the QuadrigaCX crypto exchange and stole between CAD$190 million and CAD$250 million of his customers' money. Jennifer also declined CBCs repeated requests for an interview. A few days beforehand, Ernst and Young had released its latest report, documenting its very limited success to date in recovering what it now estimated was $215 million in cash and cryptocurrency that Quadriga supposedly held at the time it stopped operating. The Globe and Mail tracked down one of Gerrys subcontractorspart of a network of entities that helped move millions of dollars around so Quadriga could take deposits and facilitate withdrawals, sometimes in the form of physical bank drafts, for its clientsto a rundown, vinyl-sided trailer in rural New Brunswick rented to Aaron Matthews, one of Gerrys payment processors, and his wife. Acting, movies, TV series, Instagram, endorsements, and other sources of income are her primary sources. Perhaps, if he can put a face to the name, you can build a relationship with him.. Cryptocurrencies were devised for the explicit purpose of circumventing the traditional financial world. I obtained was *not* given promotionally a draft proofreading copy of her autobiography. So far, that effort had generated a paltry $5,000. In October 2018, Jennifer Robertson was living the life of her dreams. At one point in 2017, Gerry told me that the price of a single Bitcoin had risen to $25,000 and he was earning $10 million a month. When asked how she felt about investors turning to her for answers about their millions disappearing with her husbands death, Robertson said she felt very betrayed by him. Explore:Meet Dustin Tavellas Wife, Kari Gibson, And Kids, Family, And Net Worth. Among the facts that smelled to her: our recent marriage. and had been together for some time before tying the knot in October 2018. From hair trends to relationship advice, our daily newsletter has everything you need to sound like a person whos on TikTok, even if you arent. TICK-TOCK, tick-tock, tick-tock. The disembodied voice at the other end of my phone line began in a singsong tone that morphed into what seemed like a death threat. Jennifer Robertson was the wife of Gerald Cotten, aka "The Crypto King," whose sudden death is the focus of Netflix's latest true-crime documentary "Trust No One: The Hunt for the Crypto King." For two-wheelers, will this year be different? Jennifer attended a local private high school in her hometown for her early schooling. That may seem reasonableand it might have beenexcept I had to use that money not only to cover my current living expenses but also to maintain aspects of a lifestyle Gerry and I had lived but that I could no longer afford and yet, due to the court order, couldnt easily dispose of. Get your daily dose of business updates on WhatsApp. She also didnt know what Bitcoin was, so she wasnt exactly bowled over by him telling her than he ran a Bitcoin exchange. Following the fiasco, Gerald Cottens spouse has vanished off the face of the earth. It felt like being in a movie: I was no longer the director of my own life story. The book will be on sale on January 18, 2022, so lets hope that the public will get some clarity surrounding the allegations and rumors surrounding her late husband from her book. Instead, the value fell and kept falling. Everything kept getting worse. I had no intention of parting with any of those assets. click here! }); window._taboola = window._taboola || []; I know that now. Industry Trends on 4000+ Stocks, Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-, A crypto millionaire, loose ends & a dead end: A consignment of teddy bears before Gerald Cotten died, I don't want to see these stories because. Niedermayer had agreed to work out the details. An investigation later found out that Gerry had, Jennifer Robertson, was embroiled in the ensuing legal controversy. I couldnt. With investigators unable to trace the money and the company seeking creditor protection, a firestorm of unconnected dots, incendiary innuendo, and wild speculation quickly erupted on the internet. However, with her lover, Robertson led a lavish lifestyle while the value of cryptocurrencies increased. And the fact that Cotten would rapidly get rich over first couple years of their relationship didnt exactly hurt. Updated 8:49, Apr. Australia? Meet Dustin Tavellas Wife, Kari Gibson, And Kids, Family, And Net Worth, Jennifer Robertson Kids And Family Explored, Cristina Rae Has A Son With Her Husband Don Lewis, Family And Net Worth, Alessandro Preziosi Is A Father Of Two Kids. A new Netflix documentary explores the suspicious death of Gerald "Gerry" Cotten and the scandal that ultimately revealed how the Canadian cryptocurrency exchange he founded, QuadrigaCX, had . The problem, as far as Quadrigas customers were concerned, was how the monitor planned to disburse the initial tranche of the money. Login to add information, pictures and relationships, join in discussions and get . The couple started dating after meeting on Tinder. Later, she wasallowed to keepher wedding band, jeep, personal retirement savings fund, and $90,000 cash. When the 30-year . Keep a close eye on chart patterns. All the while, she says, she was trying to wrap her mind around the idea that her husband had been a scammer, and the life theyd led together was over. Because we could. Sometimes, in his zeal, he overreached. No one knew where to find $215 million belonging to more than 76,000 investors. What did they think had happened inside that ICU in India? Kimberly mentioned being angry at the revelation because the family had gone out of their way to defend him. Gerald Cotten was too good to be true. The couple started dating after meeting on Tinder. Why did you buy this? I wont lie: I loved being rich. When Gerry did mention business problems to me, he was always vague. People did find me. Ernst and Youngs investigation, Niedermayer explained, had now concluded that Quadrigas investors money wasnt just missing. Jennifer Robertson was struggling with the fallout from a messy divorce and juggling weekend waitressing gigs to make ends meet.
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