RATE Group | B.C. cryptocurrency exchange faces 6 lawsuits, ‘dozens’ of unpaid users
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B.C. cryptocurrency exchange faces 6 lawsuits, ‘dozens’ of unpaid users

31 Jul B.C. cryptocurrency exchange faces 6 lawsuits, ‘dozens’ of unpaid users

Posted at 23:19h in Cryptocurrency News by

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A Vancouver Island cryptocurrency exchange has been the subject of six lawsuits over the last two years, and users of the platform tell CTV News those cases are the tip of the iceberg.

Ottawa resident Rob Johnston deposited Bitcoin in his account with Nanaimo-based ezBtc.ca in August 2018. After selling the cryptocurrency for Canadian dollars on the platform, he requested a cheque withdrawal in the amount of $2,633.18. Nearly a year later, after numerous communications with the company, he still hasn’t been paid.

Johnston isn’t alone. A search for ezBtc on social media yields numerous posts from disgruntled users who say they haven’t received the payments they requested. Reviews of the company on Better Business Bureau and on Google describe problems similar to those Johnston has had.

A pattern of non-payment

Johnston said he has been in contact with at least three dozen people who have been unable to withdraw their money from ezBtc. While CTV News could…

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