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Quebec's capital markets regulator has asked investors at Laboratoire Blockchain to come forward, now that the company and badociates are facing a wave of injunctive orders regarding their alleged violations of securities legislation securities. The appeal was launched in a statement issued on March 18.
The Autorité des marchés financiers indicates that the Quebec Administrative Capital Markets Tribunal (TMF) has issued a series of injunctive orders against the Blockchain Laboratories (also known as the Blockchain Lab) and three badociates, Jonathan Forte, Benjamin Forte and Nicolas Barbasch. -Bouchard – March 12th.
Orders, issued for alleged violations of national securities laws, prohibit defendants from any activity related to the promotion and trading of securities. They also stipulate that defendants must not have funds or cryptographic currency, mining equipment or any other computer equipment in their possession.
In addition, the TMF has asked Blockchain Lab to remove any promotional material or any publication related to its activities, in particular from Facebook.
Anyone who has invested in Blockchain Lab or used the services of the accused is asked to contact a hotline for an AMF official no later than April 1, 2019.
Last January, the BitMEX cryptographic derivatives trading platform refuted media reports that a regulatory crackdown by the AMF would have prompted it to close its Quebec accounts, saying the regulator had been satisfied. of the rapid cooperation of the platform.
Quebec has also made headlines for crypto in recent weeks as a result of a controversy over power provisions for crypto-miners. Earlier this month, the government said it did not see the value added by the mining industry and was not interested in offering low-cost energy prices for miners via Hydro-Québec. The latter, with its low cost power, had become increasingly popular with mining operators facing less favorable conditions worldwide.
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