Briefing

Cryptocurrency company Einstein Exchange put into receivership

The Vancouver-based trading platform, which owes customers more than $16 million, has shuttered and filed for bankruptcy. The B.C. Securities Commission (BCSC) has applied to have Einstein put into receivership in a bid to acquire some of the company’s assets after a lawyer for the company told BCSC it was closing, citing “lack of profit,” according to court filings. (Globe and Mail)

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