Cryptocurrency site claiming to operate from Churchill 'set up in order to steal money': securities commission - News Summed Up

Cryptocurrency site claiming to operate from Churchill 'set up in order to steal money': securities commission


The Manitoba Securities Commission has issued a warning about a website that claims it operates out of Churchill and offers cryptocurrency trading, but is in fact a site "set up in order to steal money," according to the provincial government agency. It turns out the physical location the company claimed as its Churchill address is actually a two-bedroom bungalow that a securities commission investigation found is owned by a Manitoba government department. But it's probably not a place where someone would set up a cryptocurrency trading site. "It's just a trading site that's set up in order to steal money. "It just gives the appearance of a trading site."


Source: CBC News July 22, 2020 00:33 UTC



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