INSTACOIN REPLIES TO LA PRESSE

Feb. 23 2022

An article published February 22, 2022 (La Presse - Guichets de cryptomonnaie: Le propriétaire d'Instacoin en lien avec un chef mafieux), makes false and malicious allegations about Instacoin. Contrary to statements and insinuations in this article, Instacoin has no ties whatever to the "mafia" or organized crime.

Instacoin has been a leader in developing and serving markets for micro and small cryptocurrency transactions since it was founded in 2015. It is the first bitcoin teller machine operator to have received a licence from Quebec's Autorité des marchés financiers. It is a registered dealer in virtual currencies with Canada's Financial Transactions Reports and Reports Analysis Centre. Instacoin's operations and ownership have been audited and reviewed by public and private accounting, tax and compliance specialists. Instacoin has co-operated and works closely to support law enforcement authorities in the markets where it operates… read more