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Tag: Gambled

EzBtc Scandal: $9.5 Million in User Funds Gambled Away Shockingly!

EzBtc Scandal: $9.5 Million in User Funds Gambled Away Shockingly!

In a striking narrative unwinding within the cryptocurrency domain, the Canadian crypto trading platform, ezBtc, alongside its founder, has been implicated in a significant defraudment, amounting to approximately $9 5 million USD (13 million Canadian dollars) This disclosure emanates from an exhaustive investigation led by the British Columbia Securities Commission (BCSC), unraveling a case of alleged misappropriation of customer funds that not only undermines the trust in digital asset exchanges but also highlights vulnerabilities within the crypto industry Cryptocurrency Misappropriation: A Deep Dive into ezBtc's Operations The British Columbia Securities Commission's revelations indicate a profound breach of trust between ezBtc, its operator, and its clientele Operating from 2016 until its abrupt disappearance from the web in September 2019, ezBtc promised a secure haven for cryptocurrency assets, pledging to safeguard user funds in cold storage...

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