Appeals of findings on liability, and sanctions, both rejected
Ontario courts have rejected crypto firm's effort to mandate arbitration
Company illegally distributed securities, misled investors, regulator alleged
Company to pay over US$500 million to resolve U.S. charges
Sanctions needed to level playing field with crypto firms that are complying
Settlement provides refunds to investors that bought variety of digital assets
Regulator found bank accounts frozen during an investigation had been depleted
Panel orders more than US$50M in disgorgement, plus $5M in penalties and costs
The firm and its founder were permanently banned, fined
OSC failed to prove any of its allegations against dealer, investment banker