QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust

Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, seems selling off as well as evasion some estate possessions. When QuadrigaCX creator and also CEO Gerald Cotten died unexpectedly in December of 2018 in India, he was presumably the only individual with the understanding of the exchange’s freezer tricks. In his will, Cotten names Robertson executrix of his estate, along with granting her as its main recipient. The exchange waited about a month from Cotten’s reported time of fatality to making his passing public, sufficient time for his

widow to undergo probate and also move the estate’s properties to her name. Cotten’s will certainly makes a list of a host of premium properties that are currently under Robertson’s control. The CEO left his partner his Jeanneau 51 sailing boat; an aircraft, a Lexus and also a Mini Cooper(to name a few unrevealed car); as well as homes at 1021 Lamont Lane, Kelowna, British Columbia, 71 Kinross Court in Nova Scotia, 511 and also 512 Ringling Court in Nova Scotia and also 34 Little Island as well as Seaview Drive in Nova Scotia to his widow. He likewise left $100,000 for the ongoing treatment of his

2 chihuahuas, Gully and also Nitro. According to Canadian information electrical outlet the Chronicle Herald, Robertson has actually obtained a bank loan on each of these buildings and also positioned a minimum of 2 in a depend on fund called the Seaglass Trust, a critical lawful action that attorneys informed the electrical outlet can include a layer of insulation in between the properties as well as financial institutions in the recurring QuadrigaCX lawsuits. Bitcoin Magazine might not separately verify that the trust fund exists.

The Chronicle Herald Reports that Robertson has actually offered the Kinross home for $1.1 million CAD. A resource near the issue, that asked to stay confidential, informed Bitcoin Magazine that they talked to a realty representative that declares to have actually stood for Robertson in your house’s sale.

Cotten’s sailing boat was likewise apparently detailed up for sale for almost $500,000 CAD, though the article has actually given that been removed (archived web link below).

One more lots residential properties in Halifax valued at approximately $6 million CAD are supposedly under the monitoring of Robertson’s realty business, Robertson Nova Property Management Inc., according to the Chronicle Herald. Robertson is detailed as the firm’s supervisor, president/secretary as well as identified representative, according to Nova Scotia public documents, with the pair’s previous Kinross house detailed as its workplace. In his will, Cotten determined that his shares in the firm are to be collectively shared in between Robertson’s mom Carol Terry and also her partner Thomas Beazley.

As reported by Bitcoin Magazine, QuadrigaCX clients report getting funds from Robertson Nova Property Management Inc. (appearing as RNC Inc., a.k.a., Robertson Nova Property Management Inc., on their financial institution declarations). The down payment verification e-mails for these settlements consist of reply-to lines with either e-mails thought to come from Jennifer Robertson. If Robertson was included with the firm’s procedures, that would certainly oppose her vouched testimony that she was not linked in its ventures throughout Cotten’s life.