• bitcoinBitcoin (BTC) $ 51,217.00
  • ethereumEthereum (ETH) $ 2,950.02
  • tetherTether (USDT) $ 0.998973
  • bnbBNB (BNB) $ 379.61
  • solanaSolana (SOL) $ 103.91
  • xrpXRP (XRP) $ 0.540123
  • staked-etherLido Staked Ether (STETH) $ 2,946.42
  • usd-coinUSDC (USDC) $ 0.999365
  • cardanoCardano (ADA) $ 0.589916
  • avalanche-2Avalanche (AVAX) $ 36.80
  • tronTRON (TRX) $ 0.139832
  • dogecoinDogecoin (DOGE) $ 0.084134
  • chainlinkChainlink (LINK) $ 18.34
  • polkadotPolkadot (DOT) $ 7.45
  • matic-networkPolygon (MATIC) $ 0.955380
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 51,210.00
  • the-open-networkToncoin (TON) $ 2.08
  • internet-computerInternet Computer (ICP) $ 12.86
  • shiba-inuShiba Inu (SHIB) $ 0.000010
  • uniswapUniswap (UNI) $ 7.34
  • bitcoin-cashBitcoin Cash (BCH) $ 260.11
  • litecoinLitecoin (LTC) $ 68.84
  • daiDai (DAI) $ 0.999040
  • immutable-xImmutable (IMX) $ 3.32
  • leo-tokenLEO Token (LEO) $ 4.18
  • bittensorBittensor (TAO) $ 611.16
  • kaspaKaspa (KAS) $ 0.168147
  • filecoinFilecoin (FIL) $ 7.42
  • cosmosCosmos Hub (ATOM) $ 9.81
  • hedera-hashgraphHedera (HBAR) $ 0.111601
  • blockstackStacks (STX) $ 2.57
  • ethereum-classicEthereum Classic (ETC) $ 25.78
  • optimismOptimism (OP) $ 3.69
  • aptosAptos (APT) $ 9.21
  • nearNEAR Protocol (NEAR) $ 3.20
  • stellarStellar (XLM) $ 0.115539
  • vechainVeChain (VET) $ 0.044575
  • okbOKB (OKB) $ 51.16
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997377
  • injective-protocolInjective (INJ) $ 34.54
  • celestiaCelestia (TIA) $ 17.13
  • lido-daoLido DAO (LDO) $ 3.05
  • render-tokenRender (RNDR) $ 7.15
  • the-graphThe Graph (GRT) $ 0.279658
  • mantleMantle (MNT) $ 0.766002
  • crypto-com-chainCronos (CRO) $ 0.091078
  • arbitrumArbitrum (ARB) $ 1.83
  • moneroMonero (XMR) $ 121.99
  • sei-networkSei (SEI) $ 0.842312
  • suiSui (SUI) $ 1.67
  • makerMaker (MKR) $ 2,031.16
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,240.07
  • beam-2Beam (BEAM) $ 0.034694
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,016.10
  • thorchainTHORChain (RUNE) $ 5.10
  • elrond-erd-2MultiversX (EGLD) $ 57.52
  • algorandAlgorand (ALGO) $ 0.189086
  • quant-networkQuant (QNT) $ 103.97
  • bitcoin-svBitcoin SV (BSV) $ 75.33
  • bitget-tokenBitget Token (BGB) $ 1.01
  • ordinalsORDI (ORDI) $ 64.53
  • aaveAave (AAVE) $ 91.43
  • starknetStarknet (STRK) $ 1.85
  • mina-protocolMina Protocol (MINA) $ 1.26
  • flowFlow (FLOW) $ 0.889044
  • heliumHelium (HNT) $ 9.15
  • dydx-chaindYdX (DYDX) $ 2.98
  • true-usdTrueUSD (TUSD) $ 0.974087
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.52
  • theta-tokenTheta Network (THETA) $ 1.21
  • flare-networksFlare (FLR) $ 0.034304
  • havvenSynthetix Network (SNX) $ 3.54
  • fetch-aiFetch.ai (FET) $ 1.11
  • fantomFantom (FTM) $ 0.408629
  • chilizChiliz (CHZ) $ 0.128554
  • worldcoin-wldWorldcoin (WLD) $ 8.46
  • the-sandboxThe Sandbox (SAND) $ 0.488618
  • axie-infinityAxie Infinity (AXS) $ 7.67
  • bittorrentBitTorrent (BTT) $ 0.000001
  • dymensionDymension (DYM) $ 7.02
  • cheeleeCheelee (CHEEL) $ 18.83
  • whitebitWhiteBIT Coin (WBT) $ 7.00
  • kucoin-sharesKuCoin (KCS) $ 10.49
  • tezosTezos (XTZ) $ 1.11
  • apecoinApeCoin (APE) $ 1.68
  • blurBlur (BLUR) $ 0.702843
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000047
  • osmosisOsmosis (OSMO) $ 1.54
  • siacoinSiacoin (SC) $ 0.016903
  • galaGALA (GALA) $ 0.027868
  • akash-networkAkash Network (AKT) $ 4.09
  • roninRonin (RON) $ 3.10
  • frax-etherFrax Ether (FRXETH) $ 2,955.57
  • astarAstar (ASTR) $ 0.162778
  • dydxdYdX (ETHDYDX) $ 2.98
  • conflux-tokenConflux (CFX) $ 0.237434
  • decentralandDecentraland (MANA) $ 0.481257
  • singularitynetSingularityNET (AGIX) $ 0.698883
  • neoNEO (NEO) $ 12.40
  • eosEOS (EOS) $ 0.763456
  • arweaveArweave (AR) $ 13.27
  • iotaIOTA (IOTA) $ 0.272964
  • manta-networkManta Network (MANTA) $ 3.32
  • kavaKava (KAVA) $ 0.765527
  • pyth-networkPyth Network (PYTH) $ 0.548313
  • gnosisGnosis (GNO) $ 313.80
  • jasmycoinJasmyCoin (JASMY) $ 0.016412
  • axelarAxelar (AXL) $ 1.40
  • oasis-networkOasis Network (ROSE) $ 0.118426
  • woo-networkWOO (WOO) $ 0.429651
  • klay-tokenKlaytn (KLAY) $ 0.221361
  • bonkBonk (BONK) $ 0.000012
  • wemix-tokenWEMIX (WEMIX) $ 2.07
  • usddUSDD (USDD) $ 0.999377
  • swethSwell Ethereum (SWETH) $ 3,011.82
  • msolMarinade staked SOL (MSOL) $ 121.60
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000122
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.89
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,161.66
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.80
  • frax-shareFrax Share (FXS) $ 8.43
  • fraxFrax (FRAX) $ 0.995817
  • nexoNEXO (NEXO) $ 1.15
  • ecasheCash (XEC) $ 0.000033
  • jupiter-exchange-solanaJupiter (JUP) $ 0.471803
  • gatechain-tokenGate (GT) $ 4.70
  • curve-dao-tokenCurve DAO (CRV) $ 0.550598
  • illuviumIlluvium (ILV) $ 95.89
  • altlayerAltLayer (ALT) $ 0.533809
  • xdce-crowd-saleXDC Network (XDC) $ 0.041348
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,127.20
  • rocket-poolRocket Pool (RPL) $ 27.56
  • zetachainZetaChain (ZETA) $ 2.31
  • iotexIoTeX (IOTX) $ 0.057688
  • corgiaiCorgiAI (CORGIAI) $ 0.001814
  • ondo-financeOndo (ONDO) $ 0.378509
  • coredaoorgCore (CORE) $ 0.614001
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.27
  • 1inch1inch (1INCH) $ 0.441530
  • kujiraKujira (KUJI) $ 4.09
  • tether-goldTether Gold (XAUT) $ 2,024.38
  • fasttokenFasttoken (FTN) $ 1.63
  • pepePepe (PEPE) $ 0.000001
  • radixRadix (XRD) $ 0.047542
  • casper-networkCasper Network (CSPR) $ 0.040769
  • livepeerLivepeer (LPT) $ 15.28
  • lido-staked-solLido Staked SOL (STSOL) $ 121.10
  • superfarmSuperVerse (SUPER) $ 1.04
  • enjincoinEnjin Coin (ENJ) $ 0.331876
  • stepnGMT (GMT) $ 0.262817
  • nervos-networkNervos Network (CKB) $ 0.010683
  • neutron-3Neutron (NTRN) $ 1.63
  • metis-tokenMetis (METIS) $ 85.80
  • compound-wrapped-btccWBTC (CWBTC) $ 1,028.14
  • apenftAPENFT (NFT) $ 0.00000045
  • skaleSKALE (SKL) $ 0.085966
  • aelfaelf (ELF) $ 0.629834
  • terra-luna-2Terra (LUNA) $ 0.663444
  • ocean-protocolOcean Protocol (OCEAN) $ 0.742378
  • bitcoin-goldBitcoin Gold (BTG) $ 24.69
  • gmxGMX (GMX) $ 45.75
  • compound-ethercETH (CETH) $ 59.38
  • echelon-primeEchelon Prime (PRIME) $ 12.43
  • ribbon-financeRibbon Finance (RBN) $ 0.464017
  • kusamaKusama (KSM) $ 46.51
  • mask-networkMask Network (MASK) $ 4.31
  • aleph-zeroAleph Zero (AZERO) $ 1.36
  • pixelsPixels (PIXEL) $ 0.538987
  • holotokenHolo (HOT) $ 0.002315
  • api3API3 (API3) $ 3.94
  • zilliqaZilliqa (ZIL) $ 0.023088
  • zcashZcash (ZEC) $ 27.63
  • compound-governance-tokenCompound (COMP) $ 59.21
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pax-goldPAX Gold (PAXG) $ 2,000.35
  • gasGas (GAS) $ 6.20
  • pocket-networkPocket Network (POKT) $ 0.244276
  • desoDecentralized Social (DESO) $ 38.06
  • convex-financeConvex Finance (CVX) $ 4.88
  • hytopiaHytopia (TOPIA) $ 0.078973
  • celoCelo (CELO) $ 0.734886
  • strideStride (STRD) $ 4.33
  • stader-ethxStader ETHx (ETHX) $ 3,009.84
  • basic-attention-tokenBasic Attention (BAT) $ 0.253803
  • golemGolem (GLM) $ 0.367883
  • vethor-tokenVeThor (VTHO) $ 0.005069
  • moonbeamMoonbeam (GLMR) $ 0.436012
  • rollbit-coinRollbit Coin (RLB) $ 0.130360
  • xai-blockchainXai (XAI) $ 1.28
  • safepalSafePal (SFP) $ 0.766063
  • helium-mobileHelium Mobile (MOBILE) $ 0.004287
  • dashDash (DASH) $ 30.07
  • qtumQtum (QTUM) $ 3.26
  • oec-tokenOKT Chain (OKT) $ 18.99
  • flokiFLOKI (FLOKI) $ 0.000034
  • nemNEM (XEM) $ 0.037329
  • magicMagic (MAGIC) $ 1.29
  • origintrailOriginTrail (TRAC) $ 0.858297
  • chromawayChromia (CHR) $ 0.417072
  • dogwifcoindogwifhat (WIF) $ 0.324501

Canadian crypto platform Einstein Exchange was Ponzi scheme, says local regulator

0 13

Canadian crypto platform Einstein Exchange was Ponzi scheme, says local regulator

  crypto.news 1 h

Canadian crypto platform Einstein Exchange was Ponzi scheme, says local regulator

The British Columbia Securities Commission (BCSC) says the now-defunct crypto exchange Einstein Exchange operated as a Ponzi scheme after becoming insolvent in 2018.

The BCSC has disclosed its allegations against Michael Ongun Gokturk, the sole director of three now-defunct crypto companies Einstein Exchange Inc., Einstein Capital Ltd., and Einstein Law Corporation.

In the document, the Canadian securities regulator says that after becoming insolvent in January 2018, Gokturk operated Einstein Exchange as a Ponzi scheme “by continuing to accept deposits and paying out some customers with money and crypto assets drawn from the pooled bank accounts and wallets.”

Despite claims that Einstein Exchange served as a counterparty to customer trades, the BCSC contends that the firm failed to secure corresponding crypto assets to fulfill these transactions.

You might also like: Canada: Einstein Cryptocurrency Exchange Loses Customers’ Funds

Moreover, the exchange allegedly manipulated customer dashboards, providing false information that suggested order processing and availability of assets, the regulator says. The BCSC estimates that Gokturk’s actions resulted in a deprivation of approximately $19.1 million for Einstein Exchange’s customers.

Launched in 2017, Einstein Exchange initially aimed at offering a trading platform for various cryptocurrencies. According to the BCSC, at one point, all three companies under the Einstein label collectively held more than $34 million worth of cash and crypto assets on behalf of their customers.

In 2019, the Supreme Court of British Columbia granted the BCSC’s order and appointed the accounting firm Grant Thornton as the interim receiver to assume control of the assets of the Vancouver-based exchange.


Source

Leave A Reply

Your email address will not be published.