The Cult Queen of Canada from Uncover S12: "A Death in Cryptoland" E1: The Body
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Dec 13, 2021 AI Snips
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Roots In Vancouver Crypto Scene
- Jerry and co-founder Michael Patryn arrived in Vancouver and embedded Quadriga in the local crypto community, sponsoring events and launching a Bitcoin ATM.
- Early adopters described Jerry as soft-spoken and generous, while others found the pair an odd, mismatched duo.
Crypto Boom Masked Risky Growth
- Quadriga benefited greatly from the 2017 Bitcoin surge, which drove rapid customer inflows and inflated the company's apparent success.
- That boom enabled Jerry to scale spending and acquisitions well beyond what earlier revenues suggested.
Lavish Lifestyle Amid Growing Exchange
- In 2016–2018 Gerald Cotton bought multiple properties, a plane, a yacht and lived a lavish lifestyle while Quadriga grew.
- People who knew him found his spending and secrecy intriguing and sometimes suspicious.