Exit Scam

Treats Media

In 2018, Gerald Cotten, the founder of Canada's biggest Bitcoin exchange, died under mysterious circumstances during a honeymoon trip to India. His customers were told that the $215 million they'd deposited on the exchange was lost forever — because Gerry had forgotten to leave behind his passwords. But here's the thing: Not everyone believes he's dead. Exit Scam is about what really happened to Gerald Cotten and the fortune that disappeared with him. read less

Our Editor's Take

The Exit Scam podcast results from two years spent investigating a mysterious story of greed and deception. Host Aaron Lammer tells the tale of fintech founder Gerald Cotten. He was the CEO of one of the biggest bitcoin exchanges in Canada, called Quadriga. In 2018 on a honeymoon to India, he fell sick and died.

For his customers, this was a problem. Cotten has taken their account passwords to his grave. A combined $215 million was at risk! Exit Scam podcast host Lammer found the story suspicious from the start. He describes how nothing could have prepared him for what he uncovered.

This eight-part series begins with an expensive honeymoon in New Delhi. When Cotten started experiencing stomach pains, his new wife took him to the hospital. His condition worsened, and he died after a series of cardiac arrests. This is the official story of how Cotten died, as told by his grieving wife and the hospital doctor. It's this tale that Lammer wanted to examine on the Exit Scam podcast.

Each episode investigates a different part of the story. How did Cotten always seem to have money growing up? Why did he go on a spending spree a few years before his death? And why did Quadriga need creditor protection? The show examines the growth of his company and how he made it so successful. He interviews a close friend who now believes the rumors that Cotten may have faked his death. In one episode, Lammer follows his coffin's journey from the hospital to a cemetery back home in the UK.

In the penultimate episode, Lammer turns his attention to the person closest to the story-Jen, Cotten's wife. He talks to a private investigator to determine how often fraudsters' wives are part of the ruse. Is Jen telling the truth? Or was she part of the coverup?

Exit Scam is a true crime podcast featuring an array of conspiracy theories. As more facts emerge, it's an astounding story of how far one man would go to make money. Fans of intriguing shows like Serial may appreciate this podcast.

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