CANADIAN CRYPTO EXCHANGE SCANDAL!!

EzBtc and its founder, David Smillie, allegedly misused $9.5M of users’ crypto funds for gambling and personal expenses.

The British Columbia Securities Commission revealed that nearly one-third of the #Bitcoin and Ether collected were diverted.

EzBtc went offline in 2019 and dissolved in 2022. Sanctions are expected by September 24.

#Canadian #CryptoNewss #CryptoMarketMoves #MarketDownturn #ezBTC