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Amid those rumours, Ms Robertson's affidavit included a copy of statement of death from a funeral home in Halifax, Nova Scotia. The hospital in Jaipur where Cotten was treated also released a statement detailing the medical interventions he received prior to his death. His widow says she has received death threats and "slanderous comments" online since Quadriga publicly announced its troubles.

An independent third party monitor has also been appointed to oversee the court proceedings, and is currently in possession of Cotten's laptop and other devices.

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In an online message to its users, Quadriga said it filed for creditor protection to give it time to ensure the future viability of the company. It also admitted it is in "the early stages of a long process and [does] not have all the answers right now". According to court filings, Quadriga is also investigating whether some of the cryptocurrency could be secured on other exchanges and it said it's considering selling the platform to cover its debts. A number of affected users, including Tong Zou, have retained lawyers and are seeking representation in the proceedings.

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Meanwhile, Canada's main securities regulator, the Ontario Securities Commission, has confirmed it looking into Quadriga "given the potential harm to Ontario investors". For now, all trading has been suspended on the platform. Bitcoin explained: How do crypto-currencies work?

Mr Doyle says this only adds to the nascent sector's already "checkered history". What happened at Quadriga? Court documents filed in late January offer some insight into the company. An investigator hired to assist in recovering any records had little success. Who was Gerald Cotten? Cotten's last will and testament also gives some hints as to his life and assets. He even planned for the care of his two chihuahuas, Nitro and Gully. The case against Quadriga. Tech Tent - is it curtains for crypto? Dual Optic 2 Pages. Zero Distortion Macro Lens 2.

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