Netflix Announces Documentary About Quadrigacx’s Downfall
Netflix, the world’s largest video streaming company, has announced it is working on a documentary that deals with the aftermath of the Quadrigacx saga. According to brief descriptions, the documentary titled; “Trust No...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Netflix, the world’s largest video streaming company, has announced it is working on a documentary that deals with the aftermath of the Quadrigacx saga. According to brief descriptions, the documentary titled; “Trust No One: The Hunt for the Crypto King,” deals with how the users affected by the death of Quadrigacx’s CEO Gerry Cotten try to uncover the mystery behind his strange death and the private keys that supposedly only he held at his death.
Netflix To Release Quadrigacx Documentary Next YearNetflix, one of the leading video streaming sites, announced the production of a documentary that would explain the saga of Quadrigacx, the biggest cryptocurrency exchange in Canada, which was affected by the death of its CEO in strange circumstances. According to its synopsis in IMDB, the documentary would tell the story of Quadrigacx’s users that were not able to recover the funds lost when Gerry Cotten died.
These users have now turned into sleuths to try and find out the true story about Gerry Cotten and its role in the events that its own death unfolded. The documentary is slated to be released next year, and it is being produced by London-based production company Minnow Films, which has won 12 Bafta Awards. It will be directed by Luke Sewell, known for No Place to Call Home (2016), The Undateables (2012), and Generation Gifted (2018), and it is expected to arrive into Netflix’s subscriptions next year.
Quadrigacx RevisitedQuadrigacx story is a convoluted one, but it starts with the death of its CEO while on a travel to India due to Crohn’s disease complications. According to his wife, Gerard Cotten had the private keys to the funds of the exchange, and this caused its customers to lose their funds. However, due to the circumstances in which the dead of Cotten happened, many of these customers still believe that it was a hoax and that Cotten is still out there somewhere.
In fact, some of the affected have called for an exhumation of the body of Cotten, which is buried in Canada. The customers of the exchange made the request to the Royal Canadian Mounted Police (RCMP) in December 2019. According to local reports, the RCMP has remained silent on this request. The exchange declared bankruptcy back in April 2019, and more than 115,000 customers are still waiting for reimbursement from what was once the biggest cryptocurrency exchange in Canada.
What do your think about Netflix’s documentary about the QuadrigaCX saga? Tell us in the comment section below.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
BitMEX Shuts Down After 11 Years as Arthur Hayes Bids Farewell and CZ Reflects on Crypto Exchange’s Legacy
The exchange announced on July 23 that it will permanently cease operations at 04:00 UTC on September 23, 2026, following a strate...
Bitcoin mining giant Poolin files for bankruptcy owing 11,700 users $164 million
Bitcoin mining pool Poolin Technology filed for Chapter 11 with $163.7 million in IOUs owed to wallet users. Its two Texas affilia...
Samsung Wallet is getting native stablecoins – and it could make one token the default for 800M users
Some crypto investors raised an eyebrow this week when Samsung, in its official Galaxy Unpacked recap, said updates to Wallet “wil...
EU expands HTX crackdown as Russia-linked crypto network keeps shifting its financial rails
The European Union has sanctioned HTX, widening a Russia crackdown that has already affected counterparties beyond the exchange. T...
Chainlink Price Weakens as 25 Million LINK Exit Exchanges Within One Month
Market value was near $6.22 billion, and traded volume was close to $155.05 million. The current price action is against a sharp d...
Crypto.com Prediction Exchange Seeks Federal Shield Ahead of Washington Crackdown
The Crypto.com-affiliated exchange behind OG has sued Washington officials before the state takes enforcement action against its p...