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Vancouver-Based Cryptocurrency Exchange Vanishes With Over $12 Million

Ramsey Baker

Summary: Financial regulators in British Columbia, Canada are forced to take action, as a cryptocurrency exchange misappropriated user funds then went dark, according to The Province. Vancouver-based cryptocurrency exchange Einstein Exchange has disappeared with over $12 million. The company which announced it’s closing in the next two months on Oct. 31, has since disappeared. the British ...

Financial regulators in British Columbia, Canada are forced to take action, as a cryptocurrency exchange misappropriated user funds then went dark, according to The Province.

Vancouver-based cryptocurrency exchange Einstein Exchange has disappeared with over $12 million. The company which announced it’s closing in the next two months on Oct. 31, has since disappeared. the British Columbia Securities Commission (BCSC) went to the Einstein offices only to find elevators were locked on all floors and were unable to get into contact with the head of the exchange. Einstein has seemingly cut all ties in their vanishing act, which may lead to customers never receiving their refunds.

By Ramsey Baker

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