This kind of crap does more damage to crypto than its use in criminal activities. How are mainstream investors supposed
to be confident that they can safely trade on exchanges when exit scams like this keep happening?
i reckon the BCSC shutting down rogue exchanges will deter others from exit scamming in the future. the canadian government had been completely hands-off before the quadrigaCX collapse. now they seem to be investigating bad actors and trying to clean up the space.
if i were a canuck, i would probably use kraken's CAD market. not many reputable exchanges left in canada---in fact, there never have been.