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Unchained

Is Quadriga's Gerald Cotten Still Alive? The 'Exit Scam' Podcast Aims to Answer - Ep.248

Unchained

Laura Shin

Tech News, Business News, News

4.61.3K Ratings

🗓️ 22 June 2021

⏱️ 68 minutes

🧾️ Download transcript

Summary

Aaron Lammer, author and host of the Exit Scam podcast, recounts the mysterious and controversial death of QuadrigaCX’s founder Gerald Cotton. Show highlights: A quick recap of QuadrigaCX why Aaron felt compelled to create a series on QuadrigaCX how Gerald Cotton, a lifelong Ponzi-addict, came to be the CEO of Canada’s largest crypto exchange what Ponzi-schemes Gerald ran before starting Quadriga CX why customers trusted QuadrigaCX and what red flags were readily apparent looking back the sketchy tactic Gerald used to single-handedly boosted QuadrigaCX’s trading volume by 30%  a new wife, empty wallets, a hastily written will, and the circumstances surrounding Gerald’s shocking death how Gerald’s dark web background might have prepared him to fake his own death what the chances are that Canadian authorities exhume Gerald’s body  why Aaron is skeptical Gerald’s widow was “in” on the QuadrigaCX fiasco   Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2    Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero    Conjure: https://conjure.finance     Episode Links   Aaron Lammer   Co-founder of Longform.org + co-host of Longform Podcast (2010+) Treats Media -- podcast platform (2018+) Exit Scam CoinTalk: https://medium.com/s/cointalk      Podcast Twitter: https://twitter.com/exitscampod    Episodes:  The Lost Password https://podcasts.apple.com/us/podcast/the-lost-password/id1565845318?i=1000521095118  https://podcasts.apple.com/us/podcast/part-ii-the-co-founder/id1565845318?i=1000521984138  The Co-Founder https://podcasts.apple.com/us/podcast/part-iii-the-ponzi-schemer/id1565845318?i=1000522885172 The Ponzi Schemer https://podcasts.apple.com/us/podcast/part-iv-the-chris-markay-account/id1565845318?i=1000523624957  The Chris Markay Account https://podcasts.apple.com/us/podcast/part-v-the-old-friend/id1565845318?i=1000524470802 The Old Friend https://podcasts.apple.com/us/podcast/part-vi-the-coffin/id1565845318?i=1000525407259  The Coffin Quadriga Deep Dives:  CBC News https://newsinteractives.cbc.ca/longform/bitcoin-gerald-cotten-quadriga-cx-death  Vanity Fair https://www.vanityfair.com/news/2019/11/the-strange-tale-of-quadriga-gerald-cotten  Amy Castor timeline https://amycastor.com/2019/02/12/how-the-hell-did-we-get-here-a-timeline-of-quadrigacx-events/  Ontario Securities Commission https://www.osc.gov.on.ca/quadrigacxreport/    Details Ontario Securities Commission deems Quadriga an “old fashioned fraud” + “Ponzi” https://www.vanityfair.com/news/2019/11/the-strange-tale-of-quadriga-gerald-cotten https://www.coindesk.com/quadriga-was-a-ponzi-scheme-ontario-securities-regulator-says  Crypto officially recognized as property in Canada due to this case https://www.lexology.com/library/detail.aspx?g=728711fd-5d3c-43ea-91b4-efb8c02f4bec Fun Reddit stuff Is a Gerald Cotten alive? -- a poll: https://www.reddit.com/r/QuadrigaCX/comments/m17kip/is_gerald_cotten_really_dead/ Graphic connecting Michael Patryn to Omar Dhanani https://www.reddit.com/r/BitcoinCA/comments/828dnr/quadrigacx_cofounder_michael_patryn_is_a/  Lawyers publicly request that RCMP exhume Gerald Cotten’s body https://www.coindesk.com/lawyers-ramp-up-pressure-to-exhume-quadriga-ceos-body  Report on Gerald Cotten transferring funds into a personal account https://www.theblockcrypto.com/linked/28259/quadrigacx-co-founder-transferred-user-funds-into-personal-accounts-ey Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, everyone. Welcome to Unchained, your no-hi resource for all things crypto. I'm your

0:07.0

host, Laura Shin, a journalist with over two decades of experience. I started Kevin

0:11.0

Crypto six years ago, and as a senior editor of Forbes, was the first mainstream media

0:15.2

reporter to cover cryptocurrency full-time. This is the June 22nd episode of Unchained.

0:20.5

Conjure brings any asset you want onto Ethereum by allowing for users to create synthetic

0:24.5

assets which track other markets. With zero interest loans and unlimited assets, it's

0:29.1

helping DeFi to consume trad-fi. That's c-o-n-j-u-r-e.finance. Check it out.

0:36.7

The Crypto.com app lets you buy, earn, and spend crypto all in one place. Earn up to 8.5%

0:43.2

interest on your Bitcoin, and 14% interest on your stablecoins. Paid weekly, download

0:49.2

the Crypto.com app and get $25 with the code, Laura. The link is in the description.

0:55.8

TASOS is smart money. That's redefining what it means to hold an exchange value in a digitally

1:00.6

connected world. Discover how people are reimagining the world around you on TASOS.

1:06.4

Today's guest is Aaron Lammer, the host and producer of the podcast series Exit Scam,

1:10.6

which is all about Quadriga CX. Welcome, Aaron.

1:14.6

Hi. Glad to be here. I'm a listener.

1:19.0

Thanks for listening. So Exit Scam has been this pretty amazing podcast series that

1:25.7

you've put out. Why don't you give us a short synopsis of what it's all about?

1:30.5

Well, I think people who are religious listeners to this show will have heard about Quadriga

1:37.0

before. I think your piece with Taylor Monahan has to have been one of the first big podcast

1:44.4

things about Quadriga. So for a little recap, Quadriga was a Canadian Bitcoin exchange.

1:52.1

It was the largest Bitcoin exchange in Canada. It collapsed in early 2019 after the founder

2:02.4

Gerald Cotton died in India. His death was somewhat mysterious to begin with and got

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