ChainCatcher news, according to Cointelegraph, the Canadian cryptocurrency exchange platform ezBtc and its founder David Smillie misappropriated approximately 13 million Canadian dollars (about 9.5 million US dollars) of customer cryptocurrency assets and used these funds for gambling, thereby deceiving customers.The ezBtc platform permanently closed around September 2019 and was dissolved in 2022, claiming to store all users' cryptocurrency investments in cold wallets. During its operation from 2016 to 2019, ezBtc accumulated over 2,300 bitcoins and more than 600 ETH from cryptocurrency investors.According to the BCSC panel, Smillie used nearly one-third of user funds for gambling and personal use. ezBtc transferred a total of 935.46 bitcoins and 159 ethers to Smillie's exchange accounts or to CloudBet and FortuneJack. Transfers to these two gambling sites were sometimes made directly from ezBtc and sometimes indirectly from ezBtc to Smillie's exchange accounts before being transferred to the gambling sites.