The B.C. Supreme Court has ruled a Canadian cryptocurrency trading platform was not responsible for one of its customer’s $670,000 loss.

On Tuesday, Justice Lindsay LeBlanc found B.C. investor Yan Li Xu was warned several times by NDAX Canada that it was not a good idea to send cryptocurrency to a person she did not truly know. NDAX is a Fintrac-registered cryptocurrency trading platform founded in Calgary in 2017.

“If an investment proposal sounds too good to be true, it probably is,” LeBlanc wrote in her ruling . “That was the case for the plaintiff (Xu) who found herself to be the unfortunate victim of a cryptocurrency scam.

“While I found the plaintiff’s losses are regrettable, I have found no liability rests with the defendant (NDAX Canada) in this action.”

Court heard that Xu b

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