Tuesday 5 November 2019
Financial regulators in British Columbia, Canada are taking action against a cryptocurrency exchange that reportedly misappropriated user funds and has shut down. It has gone dark owing customers more than CAD$16 million (USD$12.1 million). Cryptocurrency trading site Einstein Exchange, based in Vancouver seemingly shut up shop at the end of last month, despite telling the British Columbia Securities Commission (BCSC) that it would be shutting down within two months, The Province reports. The exchange had tried to sell itself to a US-based investor, but the deal failed to come to fruition, and Einstein decided to close down. On October 31,…
This story continues at The Next Web
