Hello dear traders and investors. The heads of the Coinsquare cryptocurrency exchange Cole Diamond and Virgil Rostand will step down and pay an administrative fine of $ 1 million and $ 900,000, respectively. According to official figures of the Ontario Securities Commission (OSC), “The settlement relates to market manipulation on the Coinsquare platform, misleading statements to investors and a reprisal against an internal whistleblower… Diamond and Rostand are also banned from acting as registrants and directors or officers of a registrant for three years and are banned from acting as directors or officers of other market participants for three and two years, respectively”. You have watched the KCN news. See you later!
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