$18M penalty handed to B.C. crypto platform owner who diverted clients' cash | Globalnews.ca

$18M penalty handed to B.C. crypto platform owner who diverted clients' cash  | Globalnews.ca

The British Columbia Securities Commission has fined a cryptocurrency trading platform and its owner over $18 million for diverting customers' assets. David Smillie and ezBtc were ordered to pay back gains and an administrative penalty, with assets diverted to personal accounts and gambling sites.

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