It caused a lot of questions about how QuadrigaCX users’ money would be spent after the sudden death of CEO Gerald Cotten. There were a lot of customers who were unable to get their money back, so the authorities looked into where the money went. He used the money to make risky trades, and he lost a lot of it. Trust No One: The Hunt for the Crypto King is on Netflix. Ali Mousavi, a customer of QuadrigaCX, tells his side of the story in the episode called “Trust No One.” Is that all right? Then let’s find out more about him.
Who is Ali Mousavi?
Before becoming an AI Consultant, Ali Mousavi worked as a Data Scientist. He has a background in statistics and computer vision, so he can help businesses use AI to make their businesses run better. At the time of Ali’s investment, he had quit his job to start his own business. For money, he used QuadrigaCX, which is an exchange platform. With the money he had saved and a few more loans, Ali had invested about $70,000.
When Ali didn’t get his money back, he didn’t know what had happened to it. People who owed money to Gerald were worried when Gerald died in January 2019. They wanted to know where their money was. Ali and the other people were in a group called Telegram. They were all part of the group together. It was their job to follow the money trail, and in the process, learn more about Gerry and his co-founders.
In the months after Gerry died, there were a lot of rumours that he faked his death to keep the money for himself. When Ali talked about it on the show, she said that she called the Royal Canadian Mounted Police to ask them to look into the possibility. She said that it didn’t go very far. Investigations at the end revealed that Gerry had just gambled away his customers’ money instead of using it to pay for a fancy way of life. In June 2019, Ali said, “I might give up my dream and take a job I don’t want because of the money that has been lost.”
Where is Ali Mousavi Now?
Ali Mousavi didn’t like Ernst & Young’s job of finding out where the money came from while the case was still being looked into. He said that they didn’t explain how the Bitcoin was moved to other locked wallets, and that they didn’t share the investigation with other law enforcement groups. As for Quadragia’s case, the RCMP and the FBI had both said that they were looking into it.
Ali had also thought about suing EY for negligence. He said that he wasn’t optimistic about getting all of his money back, but that he was only looking at getting about 5% to 10% back. After that, Ali seems to be fine right now. In August 2019, he helped start a company that helps other businesses use AI. People say that he lives in Los Angeles, which is in the United States.