Founder of failed B.C. cryptocurrency exchange ordered to pay $535K for broken bitcoin contract
The founder of a failed B.C. cryptocurrency exchange has been ordered to pay more than half a million to a man who sold him 50 bitcoin in 2019 - despite the fact the missing cryptocurrency is now worth more than $3 million.
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Man who sold 50 Bitcoin to Michael Gokturk wanted the $3 million the cryptocurrency is worth now
Posted: May 07, 2021 3:00 AM PT | Last Updated: May 7
The CBC interviewed Michael Gokturk in 2018, a year before the collapse of the Einstein Exchange. He has been ordered to pay a client $535,000 for breach of contract related to the sale of 50 bitcoin.(Tristan Le Rudulier/CBC)