News bitcoin founder suicide
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. Our deepest condolences go out to her family, friends and loved ones.
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- Bitcoin CEO's Suicide Case: Who was Autumn Radtke? Top 5 Things to Know
- NFT crypto mushrooms to tackle male suicide epidemic
- John McAfee, antivirus software creator-turned fugitive, dies by hanging in Spanish jail
- Doctor suicides prompt calls for overhaul of mandatory reporting laws
- What happens to your cryptocurrency if you die?
- Who is John McAfee, the antivirus pioneer who died by suicide in Spanish prison?
- Crypto reddit
- CEO in apparent suicide was bitcoin fan, had other issues, too
- Tech Mogul John McAfee Commits Suicide in a Barcelona’s Prison
Bitcoin CEO's Suicide Case: Who was Autumn Radtke? Top 5 Things to Know
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.
NFT crypto mushrooms to tackle male suicide epidemic
The widow of the man behind what was once Canada's largest cryptocurrency exchange is finally sharing her side of the story after his sudden death three years ago. Gerald Cotten was just 30 when he died in India in December In the months that followed, investigators uncovered that Cotten had been moving money from the exchange into his personal accounts and engaging in other suspicious behaviour. Robertson isn't under investigation and has never faced criminal charges. She said she wants to move on with her life and hopes her new book, BitCoin Widow: Love, Betrayal and the Missing Millions , is the final chapter of the Quadriga scandal.
John McAfee, antivirus software creator-turned fugitive, dies by hanging in Spanish jail
Satoshi Nakamoto, the creator of Bitcoin, has always been a mysterious character and a large number of journalists and researchers have tried to discover the identity of the inventor. And a new theory suggests that cypherpunk Len Sassaman is the programmer behind the world's first cryptocurrency. On February 21, , a writer named Leung published a comprehensive study that examines the possibility of Len Sassaman being Satoshi Nakamoto. The research has a series of facts that suggest that the prominent Len is the mysterious face responsible for the money revolution. Len Sassaman — was a cypherpunk and defender of privacy during his lifetime. His wife told the public that he committed suicide on July 3, , months after Satoshi's departure from the network's development and last post on the BitcoinTalk forum. The author who published the evidence shows how Len's obituary was linked to the cryptocurrency blockchain. Embedded in each node of the Bitcoin network is an obituary. A fitting tribute in more ways than one. The study states that when Sassaman was 22, he already had experience in cryptography to build the foundations of Bitcoin.
Doctor suicides prompt calls for overhaul of mandatory reporting laws
Everything you need to make Money in the crypto markets! Bitcoin investors should not be discouraged by the brutal Crypto Winter because the mass purge is actually good for the long-term health of the industry. Reddit Product Lead Peter Yang, in his blogpost 'The Curious can start minting -- or in this case 'mining' -- money as soon as they can. No need to whine about it on Reddit, crypto winter isn't here yet. The current circulating supply is ,,
What happens to your cryptocurrency if you die?
Men Up North, a charity promoting male mental health, has launched a pioneering alternative art initiative to fund a forest for mental wellness in the Peak District. Instead of relying on donations to fund the purchase, the organisation is seeking investment from alternative art buyers keen to put their cryptocurrency to good use. It has created a digital art collection called Jamur. The charity will offset any carbon emissions generated when the NFTs are minted and sold. The forest will provide more opportunities for men living with depression, anxiety and other mental health challenges to connect with people facing similar issues and experience the therapeutic benefits of engaging in bushcraft, foraging and forest bathing. Research shows that people who connect regularly with nature are usually happier in life and more likely to report feeling their lives are worthwhile.
Who is John McAfee, the antivirus pioneer who died by suicide in Spanish prison?
The year-old was found dead in his cell in the Brians 2 penitentiary near Barcelona "apparently from suicide", a spokeswoman for the prison system in the northeastern Catalonia region said. McAfee has been in jail in Spain since he was arrested at Barcelona airport in October , just as he was about to board a flight to Istanbul. He is alleged to have deliberately failed to file tax returns between and , despite earning millions from consulting work, cryptocurrencies and selling the rights to his life story. In a statement, Catalonia's regional justice department said only that an investigation was opened after an unnamed year-old inmate facing extradition to the United States was found dead in his cell at the prison. The decision could still have been appealed and the extradition needed approval from the Spanish cabinet. McAfee in founded the computer security software company and ran it for seven years before resigning. His life after than became a headline-grabbing mix of controversies involving drugs, weapons and even murder. McAfee had more than one million followers on Twitter, where he described himself as a "lover of women, adventure and mystery".
In January , QuadrigaCX, the largest cryptocurrency exchange in Canada, went belly up after its founder, Gerald Cotten, died under bizarre circumstances in India. Investigations revealed that Cotten had been running Quadriga like a Ponzi, treating customer deposits like his own personal slush fund. The timing of his death was peculiar, as the clock was ticking on his Ponzi. Cotten was struggling to keep up with customer withdrawals.
CEO in apparent suicide was bitcoin fan, had other issues, tooRELATED VIDEO: Mystery Founder Of Bitcoin: Uncovering Satoshi Nakamoto's Identity Of Bitcoin Matters - CNBC
A digital token inspired by the popular South Korean Netflix series Squid Game has lost almost all of its value as it was revealed to be an apparent scam. Squid, which marketed itself as a "play-to-earn cryptocurrency", had seen its price soar in recent days - surging by thousands of per cent. However, as the BBC reported , it was criticised for not allowing people to resell their tokens. This kind of scam is commonly called a "rug pull" by crypto investors.
Tech Mogul John McAfee Commits Suicide in a Barcelona’s Prison
The Turkish crypto exchange Thodex ceased operations and its chief executive officer has fled the nation amid allegations that hundreds of millions of dollars were stolen. A prosecutor in Istanbul has launched an investigation and police are searching the Thodex offices, the state-run Anadolu Agency reported. As authorities and customers try to work out the details of what happened, officials are calling for rapid regulation of the crypto market. A surge in the prices of digital tokens has been accompanied by convictions globally in scams tied to crypto platforms as well as speculation that authorities will seek tighter controls. The Demiroren News Agency said he fled to Albania on Tuesday, publishing what it said was a photo of Ozer at the airport. Thodex announced a campaign to boost users in mid-March, saying it would distribute millions of Dogecoins to new registrants. Its website says 4 million Dogecoins have been distributed, though many people have taken to social media to complain they never received them.
The Biden administration is sending 3, U. Charlie D'Agata reports. The White House said it will be ready to distribute Pfizer's vaccine for young children as soon as it has authorization, which could be as soon as March. Nancy Chen has the latest.