Vancouver based Einstein Exchange was shut down by the B.C. Securities Commission (BCSC) after customers complained about not being able to withdraw their money. It is said that the exchange only has about $45,000 in “hard assets” remaining, according to a court-appointed receiver. The Canadian receiver, Grant Thornton Limited, was appointed to seize Einstein’s assets and return the missing funds to clients. Most of the assets which included cryptocurrency, such as Bitcoin, according to BCSC case filings. But in a B.C. Supreme Court filing, the Grant Thorton said “based on a very limited review of Einstein Group’s books and records,” it has discovered the company retains only about $15,000 in cryptocurrency assets and $30,000 in cash. As the Bitcoin market pushed higher, the company was incorporated in December 2017 by director Michael Ongun Gokturk. Gokturk has not been able to be reached for comment by Global News (Canadian news agency), and he has not responded to the allegations in BCSC case filings. The company had about 200,000 clients around the world and the case is still ongoing, FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next NZD/USD stays below 100-day EMA despite upbeat New Zealand PPI data FX Street 3 years Vancouver based Einstein Exchange was shut down by the B.C. Securities Commission (BCSC) after customers complained about not being able to withdraw their money. It is said that the exchange only has about $45,000 in "hard assets" remaining, according to a court-appointed receiver. The Canadian receiver, Grant Thornton Limited, was appointed to seize Einstein's assets and return the missing funds to clients. Most of the assets which included cryptocurrency, such as Bitcoin, according to BCSC case filings. But in a B.C. Supreme Court filing, the Grant Thorton said "based on a very limited review of Einstein Group's books and records,"… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
