Bitcoin ceo dead singapore time

By Daily Mail Reporters. The American CEO of an exchange for the troubled bitcoin digital currency has been found dead after a suspected suicide at her home in Singapore. Wisconsin native, Autumn Radtke, 28, was discovered inside her apartment on February 28 and officials in the South East Asian city state are now waiting for toxicology test results to determine the exact cause of death. Douglas Adams, the non-executive chairman of First Meta confirmed that his colleague had passed away in a statement which said the company was 'shocked and saddened by the tragic loss of our friend and CEO Autumn Radtke.

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Content:

• Bitcoin CEO found dead in Singapore in apparent suicide
• This Australian Says He and His Dead Friend Invented Bitcoin
• Bitcoin CEO found dead in Singapore, suicide suspected
• American CEO of Singapore Bitcoin Exchange Found Dead
• A death in Cryptoland
• Here's why you should be hopeful about climate action in 2021
• ‘Smarter than anyone else’: Head of bitcoin exchange found dead in her flat after ‘suicide’
• Bitcoin Death Cross watches bulls after painful retirement

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Bitcoin CEO found dead in Singapore in apparent suicide

While authorities investigated, one online sleuth decided to dig deeper to find the money. The announcement followed news that Gerald Cotten, the company's year-old CEO, had reportedly died under peculiar circumstances the month before, while on his honeymoon in India.

On the morning of Dec. That day he and his wife, Jennifer Robertson, checked into the luxury resort Oberoi Rajvilas in Jaipur and told staff he wasn't well. The hotel's general manager drove them to a nearby hospital and within 24 hours, Cotten was declared dead. That's when things took a bizarre turn. According to reports, a doctor was asked to embalm the body, but refused because the request had come from a hotel employee, not the hospital. Cotten's body was then transported — although it is unclear how — to another facility that accepted the corpse for embalming.

In the weeks following Cotten's trip to India, the company kept the death a secret. It was business as usual, with the exchange continuing to accept customer funds. It took more than a month for QuadrigaCX to publicly announce Cotten's death — and then another two weeks for Jennifer Robertson to admit the customer funds were inaccessible.

She said her husband was the only person who had the passcodes — that is, access to more than a quarter of a billion dollars of his customers' money. She made this startling admission in an affidavit filed in court, and it led to chaos and confusion online. Creditors were in a panic. He couldn't believe what he was hearing. Are you sure, guys? Salkeld knew both Cotten and his business partner, Michael Patryn, personally, and watched the drama unfold on social media and in news reports.

Internet sleuths scoured the blockchain — the public ledger that tracks cryptocurrency transactions — looking for patterns that would lead them to their funds. A software developer by day, he traded big on bitcoin using a practice called arbitrage.

That meant tracking the volatile prices of the digital currency on exchanges around the world in order to buy low, sell high and turn a profit. In the days after Cotten's death was announced, QCX-INT noticed inconsistencies between what Quadriga was saying about losing the passcodes to the cold wallet reserves — where the bulk of the crypto assets are stored offline for security reasons — and what he and other traders actually saw on the blockchain.

There was just a series of hot wallets, and in turn those hot wallets seemed to be replenished with funds from other exchanges, which again is weird," he said. In that moment, he had to lie down on the floor. He looked up at the ceiling for a long time as the weight of his loss began to sink in.

The news of Cotten's demise set off wild theories on social media, including speculation that he had faked his own death. So the man behind the handle QCX-INT began an investigation, following a virtual trail he hoped would ultimately lead to their missing funds. What he would uncover would change the course of this story. Without him, the narrative would likely have ended with the death of a young CEO taking his secrets and keys to a fortune to his grave.

By documenting a detailed web of connections, QCX-INT uncovered a pattern of fraud that predated Quadriga, linking Cotten and his former business partner to a shadowy underworld of fraudsters and money launderers — the criminal element that underpinned the very origins of digital currency.

Gerald Cotten's career trajectory appeared to follow that of the stereotypical internet-nerd-turns-tycoon story. He was a small-town Canadian boy who seemed to have the Midas touch. Cotten grew up in Belleville, Ont. His parents, Bruce and Cheryl, ran a business selling antiques and collectibles just off the main highway. While the Cottens sold vintage jewelry and furniture, "Gerry" showed an early interest in the new digital frontier.

Scott Giroux, who went to the same high school as Cotten, said he didn't have many friends. I never knew him to be overly social. You know, occasionally kind of one-on-one, you might be able to have a bit of a conversation with him," he said. Giroux described him as "nerdy" and into sci-fi, with a goofy sense of humour. What really stood out for Giroux was Cotten's love for technology.

Giroux remembered Cotten rushing through assignments in class so he could spend more time finding ways around the firewalls blocking certain websites at school, which would allow him to play online games in class.

His high school math teacher, who asked not to be identified, said Cotten hired people on the internet to build code for him. The teacher said he was smart, had an interest in money and was always "looking for an angle.

Three years later, he and business partner Michael Patryn launched the cryptocurrency exchange QuadrigaCX. Patryn worked mostly behind the scenes, while Cotten was the face of the company. That meant evangelizing about bitcoin on YouTube and at events and conferences organized by crypto enthusiasts.

He billed himself as a disruptor who would challenge traditional forms of banking. During a guest appearance on a Vancouver podcast called True Bromance in , Cotten said he wasn't actually promoting a business, but a new way of thinking. Bitcoin, he explained, is a peer-to-peer network, and the cryptocurrency is traded and stored with the use of a decentralized ledger called the blockchain. The transactions are public, but users' identities remain anonymous.

Then you get rid of the fees. You get rid of a lot of the regulations," Cotten said. QuadrigaCX was a platform where people could trade bitcoin and other cryptocurrencies. Over the next four years, the platform would reach heights even Cotten couldn't have possibly imagined, handling hundreds of millions of dollars' worth of transactions, and with tens of thousands of customers.

It was a spectacular run-up," said Amy Castor, a freelance journalist who covers cryptocurrencies and financial fraud and was one of the first to report on Cotten's early history, on her blog. Everybody wanted to get into cryptocurrency, hoping they could make money for nothing. As the value of bitcoin was rising and more people entrusted their money with QuadrigaCX, Cotten was snatching up properties in Nova Scotia and British Columbia with his soon-to-be wife, Jennifer Robertson.

He also purchased luxury vehicles, a yacht and a Cessna aircraft. They were living the high life and went on lavish vacations. Cotten once boasted that he had traveled to 56 countries, 37 of them with Robertson.

By , however, their fortunes were turning. The crypto bubble had burst and the price of bitcoin was in a free fall. Throughout that time, many Quadriga customers tried to pull their money off of the exchange in an attempt to cut their losses.

A few others continued buying, placing their bets on the possibility that the price of bitcoin would go back up. But that meant Cotten had less cash needed to pay out the withdrawal requests. There were news reports of delays, with some customers waiting months for their money to be processed.

When bitcoin exchanges "start having withdrawal delays, that's when you start worrying. And that's when you get your money out," said Salkeld, the Vancouver bitcoiner. Cotten had other problems, too. In the middle of this tumultuous year, Cotten and Robertson got married.

At the end of November, on the advice of their lawyer, just days before their honeymoon in India, Cotten made out a will, leaving everything — the properties, digital assets, even his frequent flyer points — to Robertson.

When Robertson posted on Quadriga's Facebook page in January that Cotten had suddenly died — due to complications from Crohn's disease — and later that he was the only person with the passcodes to customer funds, the crypto community was abuzz with theories.

A month after Robertson publicly announced his death, Cotten's estate released a statement in reaction to the "upsetting questions raised" about whether he could possibly still be alive. It included Robertson's account of Cotten's final days in India. In it, she said that the general manager of the Jaipur hotel helped Robertson with the documents required to have his body transported back to Canada. This included putting her in touch with a medical transportation company.

According to the statement, Cotten was embalmed and placed in a casket and the transportation company flew Robertson and his body to New Delhi.

From there, they flew to Halifax on Dec. A closed casket funeral with a small group of family, friends and co-workers was held on Dec. Jennifer Robertson has declined CBC's repeated requests for an interview for this story. However, through an email from her lawyer, Robertson confirmed that "she was with Mr.

Cotten at the time of his death and he is most certainly dead. None of that changed the fact that more than a quarter of a billion dollars of investor funds was missing. QCX-INT and other creditors formed an online group where they would combine efforts to find out as much as they could about Cotten and the people behind his company.

QCX-INT, which stands for "Quadriga Intelligence," spent the next few months running his business by day and spending his nights working on the investigation, driven by a sense of mounting outrage at every new revelation.

He posted his research online and encouraged others to share tips with him in April A tenacious man in his forties, he's as meticulous in his appearance as in his work. When the CBC interviewed him for the podcast via video chat, he was dressed in a black cap and dark vest, with no logos. I mean, I'm in the tech space. That's part of my world. In his attempt to untangle the mystery of Gerald Cotten and Quadriga, QCX-INT began with simple things like domain names and any information he could obtain from historical searches, public records, data leaks online and the Wayback Machine, also known as the Internet Archive, which is a graveyard for dead web pages.

And those can be revealing, because they can be used to connect to other data points. He built a web of connections that linked Cotten to dozens of websites, and ultimately traced him to the online handle Sceptre.

By making that connection, he said, "there's a pattern of activity that doesn't just stretch back a few months, it stretches back years and years. Essentially Ponzi schemes, they promised very high returns but were unregulated and anonymous, disclosing little or no details about the investment or who was behind it.

The exchange of funds between investors and Sceptre would also be anonymous, and they would hide their transactions by using the earliest forms of digital currency. Although some investors may have been genuinely misled, for the most part, it was like online gambling. The more people that bought into the scheme, the more money you made, as long as you were among the first ones out.

The last ones out would be left holding the bag. And if they wanted, they could pull their money out.

This Australian Says He and His Dead Friend Invented Bitcoin

Singapore: The year-old American boss of a Bitcoin exchange has been found dead at the base of a Singapore apartment block, police and reports said on Thursday, in the latest misfortune linked with the troubled virtual currency. Her death comes as the virtual currency community is in turmoil after the collapse of Tokyo-based MtGox, one of the longest-established Bitcoin exchanges, due to a suspected theft worth nearly half a billion dollars. The Singapore Police Force said they received a call early on February 26 requesting assistance at a public housing block on the fringe of the central business district. The cause of death is subsequently determined by a coroner.

Bitcoin CEO found dead in Singapore, suicide suspected

Access to Quadriga CX's digital "wallets" - an application that stores the keys to send and receive cryptocurrencies - appears to have been lost with the passing of Quadriga CX chief executive officer Gerald Cotten, who died Dec 9 in India from complications of Crohn's disease. He was Cotten was always conscious about security - the laptop, email addresses and messaging system he used to run the five-year-old business were encrypted, according to an affidavit from his widow, Jennifer Robertson. He took sole responsibility for the handling of funds and coins and the banking and accounting side of the business and, to avoid being hacked, moved the "majority" of digital coins into cold storage. His security measures are understandable. Virtual currency exchanges suffered at least five major attacks last year. Japan, home to some of the world's most active digital-asset exchanges, has also hosted two of the biggest known crypto hacks: the Mt. The problem, Robertson said, is that she can't find his passwords or any business records for the company.

American CEO of Singapore Bitcoin Exchange Found Dead

A young American woman who ran the First Meta bitcoin exchange was found dead in her Singapore apartment last week. Autumn Radtke was found on the morning of February 26 after Police received an emergency call from an apartment building. She was pronounced dead at the scene. A preliminary police investigation has ruled out foul play, but neighbors told police they suspected Radtke jumped from an apartment. First Meta Ltd.

A death in Cryptoland

Entrepreneur First had its 10th European demo day last month, welcoming in another 24 deep tech companies , this time including those formed through EF in both London and Berlin. We had investors in the room, another on the livestream and as always, it was a great show! If you remember only one thing from this post, please let it be:. They know what is required to make their business work and return their funds. Weaker VCs will compete on price, sometimes very aggressively.

Here's why you should be hopeful about climate action in 2021

Civil proceedings refer to legal proceedings that occur between two or more private parties and do not involve the State. This process is undertaken in a civil court in Singapore. Prior to the commencement of a legal action, you as the plaintiff or claimant will typically serve a Letter of Demand to the defendant. This is usually done with the assistance of a lawyer, although you may also write this letter yourself. This Letter of Demand sets out all your demands and the merits thereof with the threat of legal action if the recipient of the letter does not comply with your demands.

‘Smarter than anyone else’: Head of bitcoin exchange found dead in her flat after ‘suicide’

Trucks carrying water and food on Sunday streamed into Xinxiang, one of the cities struck by deadly flooding in China. The Henan provincial government said people died and 50 remain missing. The vast majority of the victims were in Zhengzhou, the provincial capital, where died and 47 are missing. Ten others died in three other cities, officials said at a news conference in Zhengzhou.

Bitcoin Death Cross watches bulls after painful retirement

Please enjoy this transcript of my interview with Balaji S. Srinivasan balajis , an angel investor and entrepreneur. Transcripts may contain a few typos. Tim Ferriss owns the copyright in and to all content in and transcripts of The Tim Ferriss Show podcast, with all rights reserved, as well as his right of publicity.

Despite being the biggest and most significant cryptocurrency, Bitcoin is still famously susceptible to dramatic rises proceeded by equally rapid falls. The yo yo gave in to gravity again at the beginning of , fueled largely by the political unrest and protests in Kazakhstan and the subsequent internet shutdown. What does the situation in Kazakhstan have to do with the Bitcoin? Since China's crackdown on the currency, its neighbor has risen to become the second biggest player in the Bitcoin mining landscape, accounting for Can I integrate infographics into my blog or website?

Standard Chartered plans to go full speed ahead on cryptocurrencies in spite of an impending global regulatory crackdown on the nascent asset class. Standard Chartered has invested significantly in providing clients with access to cryptoassets this year, including the development of Zodia Markets, its own crypto exchange for European institutional investors to rival the likes of BitGo, Coinbase and Gemini. The British bank also built a crypto custody service with Northern Trust under the same Zodia banner, which received FCA permission to operate in July and is now providing commercial services to institutional clients. Standard Chartered is one of the few incumbent players to have entered the custody space, with others such as JPMorgan and Goldman Sachs citing regulatory obstacles which do not permit banks to carry cryptoassets.