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Bitcoin World 2024-08-15 10:19:17

Canadian Crypto Exchange Exec Allegedly Embezzled $9.5 Million For Gambling

David Smillie, founder of the now-defunct Canadian crypto exchange ezBtc, is facing allegations of embezzling CAD 13 million (USD 9.5 million) from his users, reportedly using the funds for gambling. A review by the British Columbia Securities Commission (BCSC) found that Smillie siphoned approximately 935 Bitcoins and 159 Ethers from the platform between 2016 and

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