RATE Group | B.C. regulators probe 2 cryptocurrency exchanges after websites disappear
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B.C. regulators probe 2 cryptocurrency exchanges after websites disappear

B.C. regulators probe 2 cryptocurrency exchanges after websites disappear

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One cryptocurrency exchange has gone into receivership and another is under scrutiny by the B.C. securities regulator after the websites for both went dark, leaving users unable to retrieve millions of dollars worth of funds.

A spokesperson for the B.C. Securities Commission said Monday that it has received several complaints about Nanaimo-based ezBtc.ca, and is commenting publicly on its investigation because it is in the public interest to do so.


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“The complainants told us they had bought crypto-assets through ezBtc and have not been able to gain access to their assets. … Customer assets are at risk. Anyone who invested through ezBtc should consider consulting a lawyer about their options for retrieving their money,” said Elise Palmer, the BCSC’s media relations and public affairs adviser, in an emailed statement.