A Vancouver cryptocurrency exchange hit with a record fine by Canada’s money laundering watchdog claims to have virtually no assets, according to European corporate records obtained by the IJF. 

Last month, the Financial Transactions and Reports Analysis Centre of Canada, or Fintrac, ordered Cryptomus to pay nearly $177 million after alleging the cryptocurrency exchange failed to report more than a thousand transactions with possible links to ransomware, fraud and even child sex abuse material. It is by far the highest penalty Fintrac has ever issued to a company.