Lawyers for QuadrigaCX Creditors Request Exhumation of Founder's Body
In a dramatic turn in the QuadrigaCX case, the law firm Miller Thomson, representing exchange creditors, formally requests that Canadian police exhume the body of founder Gerald Cotten.
The bizarre and tragic saga of the collapsed Canadian cryptocurrency exchange QuadrigaCX took a dramatic new turn. [cite_start]The law firm Miller Thomson, which represented the thousands of users who had lost their funds, sent a formal letter to the Royal Canadian Mounted Police (RCMP) requesting that they exhume the body of the exchange's founder, Gerald Cotten[cite: 430].
Cotten had reportedly died in India in December 2018, allegedly taking with him the private keys to wallets holding over $190 million in customer cryptocurrency. The request for exhumation was driven by what the law firm described as the 'questionable circumstances' surrounding Cotten's death and the significant losses incurred by the exchange's users. [cite_start]Creditors and online sleuths had long harbored suspicions, and the formal legal request to confirm the body's identity and cause of death brought those suspicions to the forefront[cite: 430].
The move deepened one of the greatest mysteries in cryptocurrency history and highlighted the immense risks of custodial exchanges and the lack of regulatory oversight that allowed the situation to unfold.It was a desperate plea for answers and accountability from victims who had lost their life savings.