A panel of the British Columbia Securities Commission has found a cryptocurrency trading platform and its owner lied to customers and diverted about $13 million in assets to gambling and personal accounts.
VANCOUVER —
Instead, the panel found about a third of all the crypto assets that customers deposited with the platform between 2016 and 2019 were diverted to gambling sites or to Smillie's personal accounts on other crypto trading platforms. It says the panel found that Smillie directed the affairs of ezBtc, and by authorizing the company's misconduct, he committed the same misconduct as the platform.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
B.C. Securities Commission finds $13M in fraud by crypto trading platformVANCOUVER — A panel of the British Columbia Securities Commission has found a cryptocurrency trading platform and its owner lied to customers and diverted about $13 million in assets to gambling and personal accounts.
Read more »
B.C. Securities Commission finds $13M in fraud by crypto trading platformVANCOUVER — A panel of the British Columbia Securities Commission has found a cryptocurrency trading platform and its owner lied to customers and diverted about $13 million in assets to gambling and personal accounts.
Read more »
B.C. Securities Commission finds $13M in fraud by crypto trading platformVANCOUVER — A panel of the British Columbia Securities Commission has found a cryptocurrency trading platform and its owner lied to customers and diverted about $13 million in assets to gambling and personal accounts.
Read more »
B.C. Securities Commission finds $13M in fraud by crypto trading platformVANCOUVER — A panel of the British Columbia Securities Commission has found a cryptocurrency trading platform and its owner lied to customers and diverted...
Read more »
B.C. Securities Commission finds $13-million in fraud by crypto trading platformThe panel found about a third of all the crypto assets that customers deposited with the platform between 2016 and 2019 were diverted
Read more »
Richmond property investment firm suspended by securities commissionRichmond commercial property investment manager was deregistered for securities regulations violations.
Read more »