15.9 C
New York
Sunday, May 19, 2024

Buy now

spot_img

Strange! Russian-Maltese investment firm Exante and its activities!

Exante Group is a Maltese-Russian investment and wealth management group with XNT LTD (previously known as Exante Ltd), regulated by the Malta Financial Services Authority (MFSA), and EXT Ltd, an investment firm regulated by CySEC. Exante has a long story of investigations by authorities. In 2021, the Russian Central Bank blacklisted Exante and its CySEC-regulated entity.

FinTelegram reported that the Exante companies are still operating despite the Russian ban. It is still listed as a member firm of the Malta Stock Exchange (MSE). Exante was the subject of an FBI investigation linked to a major US stock market manipulation case from 2015.

Exante was involved in a fraud complaint filed by the U.S. Securities and Exchange Commission (SEC) in 2015. It was one of the largest financial cybercrime networks of all times.” Nine defendants were brokerage customers of Exante and engaged in their allegedly illegal trading through an Exante brokerage account. According to the charges, dozens of traders from around the world linked to a hub in Ukraine illegally traded on insider information stolen by hackers from newswires. The allegations had also led to the temporary freezing of all the company’s accounts in Malta. The SEC dismissed its claims against Exante in February 2016

Alexey Kirienko (LinkedIn) and Anatoli Knyazev (LinkedIn) are the Exante founders and managers. The Offshore Data Base lists the latter with a registered address in Moscow, Russia. Exante CEO Alexey Kirienko was seen dining with former Malta President Marie-Louise Coleiro Preca in December 2015. The Russian-born Kirienko bought a Maltese passport in 2016.

In July 2017, Alexey Kirienko and Anatoliy Knyazev were guests of Prime Minister Joseph Muscat “to discuss the rise in cryptocurrencies and to discuss the launch of Exante’s cryptocurrency trading. Before he became Exante director, Joseph Zammit Tabona had served as Malta’s High Commissioner to the United Kingdom under the tenure of disgraced Malta’s former Prime Minister, Joseph Muscat.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest Articles