Netflix is working on a documentary on the QuadrigaCX cryptocurrency exchange scandal.

Netflix has announced a forthcoming documentary on the now-defunct Canadian crypto exchange QuadrigaCX and the mysterious death of its CEO, who some believe is responsible for the disappearance of $250 million in client cash.

Netflix announced on September 23 that a documentary titled "Trust No One: The Hunt For the Crypto King" would debut in 2022, according to a press release. Luke Sewell will helm this documentary, which will be produced by Minnow Films and will "follow a group of investors turned sleuths as they attempt to unravel the mysterious death of bitcoin multimillionaire Gerry Cotten and the missing $250 million they think he stole from them."

According to a report by Decrypt, a number of QuadrigaCX users have questioned Cotten's death, asking whether his death was staged in order to steal user money. According to the article, attorneys for the exchange's users requested that Canadian authorities dig up Cotten's grave in 2019 to prove his death, but that request was rejected. Cotten had been siphoning cash from QuadrigaCX before to his death and spending the money on fancy goods, according to a postmortem examination by Ernst & Young. Cotten reportedly used a fictitious account on the exchange to buy cryptoassets using fictitious Canadian dollars.

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