REGINA â€” Drawing comparisons to an intruder sneaking into his home after he closed the door and locked it, the president of Dominion Bitcoin Mining Company Ltd. suggested someone tunnelled into the firmâ€™s website before it was public.
â€œI always felt the site was secured,â€� Peter Voldeng testified Friday at the third day of a securities hearing.
â€œIt was designed to share the information privately,â€� he added.
But securities investigator Harvey White has testified that what he found on the site was public Ââ€” and sparked allegations Dominion and its founders violated the Securities Act.
Closing arguments are to be heard Tuesday by a three-member panel.
Dominion, Voldeng, Jason Dearborn â€” the firmâ€™s chairman â€” and Jim Gibbon, a Edmonton resident who built the website, are accused of running afoul of securities laws by publicly advertising or soliciting sales of securities on its website without properly registering or filing a prospectus. Itâ€™s also alleged misleading statements â€” such as â€œten provincially held entitiesâ€� contracted to Dominion Ââ€” were made on the site.
But Voldeng, the only witness called by any of the respondents, disagreed.
â€œWe werenâ€™t offering shares for anything,â€� he said. Voldeng said the website was being used by the trio for â€œbrainstorming.â€� He didnâ€™t believe