Coinsquare creates tools for users to access digital money markets. The pair will step down as part of a settlement agreement with the Ontario Securities Commission. Diamond and Rostand will pay $1 million and $900,000 in fines, respectively, and the “company will be required to create an independent board of directors” as a result of the agreement.
Estimated reading time: 0 minutes, 27 seconds
Coinsquare Leadership Out Amid Accusations of Market Manipulation
Coinsquare CEO Cole Diamond and its founder and president, Virgile Rostand, are out after accusations the company misled investors and manipulated the market. So reports CBC Radio Canada.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
-