Toronto cryptocurrency exchange Coinsquare faces three separate lawsuits from former C-suite executives, having recently settled a fourth suit with a former employee who alleged he was fired after repeatedly asking the company to stop its attempts to manipulate the market.
Coinsquare admitted in a July settlement with the Ontario Securities Commission that it misled the market with wash or fake trading and retaliated against an internal whistleblower. The company’s CEO and president have resigned as a result.
