🚨 Breaking News: Canadian Crypto Exchange Scandal! 🚨

The British Columbia Securities Commission (BCSC) has dropped a bombshell, revealing that the crypto trading platform ezBtc and its founder, David Smillie, defrauded investors of a staggering $9.5 million! 💸

From December 2016 to September 2019, ezBtc lured in over 2,300 BTC and 600 ETH from customers, promising secure cold storage. Instead, Smillie diverted nearly a third of these assets for gambling and personal use. 🎰

Despite this setback, institutional demand for crypto in Canada is soaring! 🚀 A recent KPMG survey shows 39% of institutional investors now have crypto exposure, up from 31% in 2021. 📈

Stay optimistic, BTC enthusiasts! 🌟