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B.C.'s financial markets regulator is accusing three now-dissolved companies and their sole director of fraud related to the "operation of a purported crypto asset trading platform."
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Over a year after Einstein Exchange closure, Vancouver entrepreneur wins civil suit against founder The founder of now-defunct cryptocurrency firm Einstein Exchange has been ordered by a BC court to pay $535,000 to a man who sold him bitcoin in 2019. This court order comes over a year after Einstein Exchange founder Michael Gokturk was sued by Scott Nelson, a Vancouver entrepreneur, in 2019, for breach of contract related to the bitcoin. According to the lawsuit and as reported by CBC News, Gokturk failed to pay Nelson after Nelson sold him 50 bitcoin at an agreed price of $10...
Founder of failed B.C. cryptocurrency exchange ordered to pay $535K for broken bitcoin contract The founder of a failed B.C. cryptocurrency exchange has been ordered to pay more than half a million to a man who sold him 50 bitcoin in 2019 - despite the fact the missing cryptocurrency is now worth more than $3 million. Social Sharing Man who sold 50 Bitcoin to Michael Gokturk wanted the $3 million the cryptocurrency is worth now Posted: May 07, 2021 3:00 AM PT | Last Updated: May 7 The CBC interviewed Michael Gokturk in 2018, a year before the collapse of the Einstein Exchange. He has been ord...