Canadian Regulator Investigation Reveals Liquitrade's Illegal Activities in Cryptocurrency Exchange

Sunday, 7 July 2024, 11:30
The investigation by the Canadian regulator exposes Liquitrade's operation as an illicit crypto exchange. Users were found to be trading contractual rights, not actual crypto assets, contradicting the platform's claims. This discovery raises concerns about the platform's legitimacy and the need for increased regulatory scrutiny in the crypto space.

Canadian Regulator Investigation:

The Canadian regulator's probe revealed Liquitrade's illegal activities in operating a crypto exchange.

Contradictory Claims:

Users discovered to be trading contractual rights instead of crypto assets, as claimed by the platform.

  • Concerns Raised: Legitimacy of Liquitrade and regulatory oversight in the crypto industry questioned.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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