BIGG Digital Assets Inc. Confirms No Exposure to FTX, FTT Token, Alameda Research, Crypto.com and/or Cronos Token

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VANCOUVER, British Columbia, Nov. 14, 2022 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W)Netcoin owner (Netcoins.ca and netcoins.com) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology research, risk scoring and data analytics solutions, confirms today, as part of the company’s commitment to an industry transparent and compliant cryptography in Canada and globally, that neither BIGG nor any of its operating subsidiaries have exposure to FTX, the FTT token, Alameda research, Crypto.com or the Cronos token.

Regulated, reliable and safe

BIGG’s crypto brokerage subsidiary, Netcoins, is fully regulated in Canada and registered with the British Columbia Securities Commission and the Ontario Securities Commission, as well as the securities commissions of all other provinces and territories of Canada. In accordance with these records, Netcoins holds client assets with approved third-party custodians in a secure and insured environment. Netcoins does not lend, trade, or invest customer assets, or mix customer digital or fiat assets with company assets.

All client fiduciary deposits (eg Canadian dollars) are held in a designated and insured trust account with a regulated Canadian financial institution. They are also held separately from the trading funds of Netcoins. This means that Netcoins cannot use customer funds for business, operating expenses, or other business-related expenses.

Netcoins has never owned or publicly traded the FTT token or the Cronos token, and has no exposure to these tokens.

BIGG is a publicly traded company, which means we have additional financial, operational and disclosure requirements. Our financial data and business operations are publicly available at any time on SEDAR.

Mark Binns, CEO of BIGG, said, “BIGG was created under the mantra of being the leader in ‘Compliance First Crypto’. The events of the past week are difficult to watch with the crypto sector reeling from the collapse of FTX. While life-changing, this development shows the value of BIGG’s approach to the industry and to our customers, and creates an opportunity for Blockchain Intelligence Group to work with more openness on transparency and accountability, while also putting highlight the security and competitive value of Netcoins in Canada and the United States. markets”.

On behalf of the Council
Marc Binns
CEO
[email protected]

Investor Relations
Victoria Rutherford
[email protected]
Such. : 1.480.625.5772

About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and businesses to support this vision. BIGG has three holding companies: Netcoins (netcoins.ca), Blockchain Intelligence Group (blockchaingroup.io) and TerraZero (terrazero.com).

Blockchain Intelligence Group builds technology to power compliance and intelligence for the future of crypto. Banks and crypto companies depend on our technology to monitor the risks of crypto transactions. Investigators and law enforcement quickly identify and track illicit activity. Blockchain Intelligence Group is recognized worldwide by banks, crypto companies, law enforcement, fintechs, regtechs and governments.

netcoins develops brokerage and exchange software to make buying and selling cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and security. Netcoins uses BitRank Verified® software at the core of its platform and facilitates crypto trading through a self-service crypto brokerage portal on Netcoins.app.

TerraZero is a vertically integrated Metaverse development group and leading Web 3.0 technology company specializing in the Metaverse space. The company’s Metaverse-agnostic vision is to grow, acquire, and fund the Metaverse’s most promising companies, entrepreneurs, and developers. TerraZero also owns digital real estate and provides offices and services to people interested in the metaverse. BIGG owns approximately 30% of TerraZero.

For more information and to sign up for BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com. Or visit SEDAR at www.sedar.com.

Forward-looking statements:

Certain statements in this release are forward-looking statements, which include the completion of search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forward-looking statements such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe”, and “continue”. or the negative thereof or similar variations. . Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous known and unknown, general and specific assumptions, risks and uncertainties, which contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not be achieved. These assumptions, risks and uncertainties include, among other things, the state of the economy generally and financial markets in particular, and other factors, many of which are beyond BIGG’s control. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on forward-looking information, as BIGG cannot guarantee that it will prove to be accurate. Important factors that could cause actual results to differ materially from BIGG’s expectations include consumer sentiment toward BIGG’s products and Blockchain technology generally, technology failures, competition and the inability of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, BIGG assumes no obligation to comment on any expectations or representations made by third parties with respect to the matters discussed above.

The CSE accepts no responsibility for the adequacy or accuracy of the content of this press release.

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