![Crypto Exchange Founder Accused of Gambling Away User Funds on Betting Sites, Losing ,500,000 Crypto Exchange Founder Accused of Gambling Away User Funds on Betting Sites, Losing ,500,000](https://dailyhodl.com/wp-content/uploads/2022/06/huobi-accused-netting.jpg?w=1024)
A securities regulator in Canada has charged the head of a crypto exchange with gambling users’ crypto. According to a new official decision from the British Columbia Securities Commission (BCSC), crypto exchange ezBtc founder David Smillie used CAD $13 million ($9.48 million) in customer funds for online gambling. “The respondents perpetrated a fraudulent scheme relating […]
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