Netflix, the online streaming platform and production firm, will produce a documentary about the late founder of the cryptocurrency exchange QuadrigaCX, Gerald Cotten.
Many believed Gerald Cotten had faked his death and fled with millions of dollars in cryptocurrency, and some even called for his remains to be unearthed.
According to a tweet sent out on September 23 by Netflix, the documentary Trust No One: The Hunt for the Crypto King will appear on the streaming service in 2022.
“A group of investors turned sleuths” will be the subject of the plot, which will revolve around the events surrounding the death of Cotten, who died while volunteering at an orphanage in India, leaving QuadrigaCX members out of pocket for approximately $190 million in cryptocurrency.
There are few details available about the documentary’s characters or the route it will go, but the teaser suggests that it may involve plastic surgery and evading authorities aboard a yacht.
Netflix has become well-known throughout the world for creating films about controversial figures like as Michael Jackson and singer R. Kelly, which disclose horrifying accounts from their own perspectives.
Cotten died in December 2018 reportedly as a result of complications from Crohn’s disease, according to reports. For a time, he was the only one who had access to millions of dollars’ worth of cryptocurrency held in the wallets of more than 100,000 users on the QuadrigaCX exchange.
As a result of this, many in the cryptocurrency field first speculated that Cotten had faked his death and taken off with the assets, although there has never been any proof to support this theory. Later investigations indicated that Crypto Capital, a payments processor based in Panama, may have been in control of a significant portion of the cash.
QuadrigaCX trustee Ernst & Young began selling other assets from the founder’s estate after Cotten’s death, raising approximately $30 million as of November. However, the company reported that it has received 17,053 claims from QuadrigaCX users, with a total value of more than $170 million.
In the 12 years since the technology was initially introduced, the crypto world has seen its fair share of contentious and charismatic people.
Following a court ruling that he could have been extradited to the United States for charges that included failing to file tax returns from 2014 to 2018, as well as allegedly failing to report income related to pushing crypto projects and consulting work, computer programmer and crypto evangelist John McAfee died in his prison cell in Spain this year.
McAfee was a crypto evangelist who was known for his work on the Ethereum blockchain.
