Tuesday, 19 November 2019
A Canadian cryptocurrency exchange that was shut down earlier this month for allegedly misappropriating CAD$16 million ($12.1 million) in user funds only has $45,000 in “hard assets,” reports Global News. As previously reported by Hard Fork, the B.C. Securities Commission (BCSC) shut down Einstein Exchange after looking into several complaints from customers unable to access their cash and cryptocurrency assets. Grant Thornton Limited was appointed to seize the exchange’s assets and return the allegedly missing funds to users. These included cryptocurrency, such as Bitcoin, the BCSC case documents said. But, a British Columbia Supreme Court filing published yesterday reportedly says…
This story continues at The Next Web
