The recent $5.6 million injection of capital into New York-based AlphaPoint came from bridge financing, a short-term business loan, the company confirmed to CoinDesk. But AlphaPoint would not say who made the loan or its terms.
Canada’s Einstein Exchange No Longer Has Bulk of Users’ Claimed CA$16M: Receiver
The exchange, taken over by a Canadian securities regulator two weeks ago, has just CA$45,000 in crypto and cash left.
Einstein Crypto Exchange Seized by Canadian Securities Regulator
The British Columbia Securities Commission says it has seized Einstein Exchange after the crypto company said it planned to shut down operations in the coming weeks.