Cryptocurrencies
Quadriga Founder’s Finances Add to Mystery of Missing Millions
- Jennifer Robertson to return C$12 million in assets to company
- Widow’s stepfather to relinquish 2017 Toyota Tacoma truck
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QuadrigaCX founder Gerald Cotten and his wife Jennifer Robertson had a “significant” fortune that included real estate, vehicles, a sailboat and an airplane. Yet, the duo apparently earned less than the typical Canadian couple.
Court filings say the pair “incurred significant personal, living and travel-related expenses” before the unexpected death of Cotten last December threw his digital exchange company Quadriga Fintech Solutions Corp. into disarray. Quadriga shut down in January, leaving some 115,000 customers out of pocket for about C$260 million ($195 million) in cryptocurrencies and cash. His widow has been dealing with the firm’s fallout ever since through court-approved creditor protection and subsequent bankruptcy proceedings.