-2.3 C
New York
Thursday, January 16, 2025

Buy now

spot_img
Home Blog Page 63

Bravo! French Authorities Seized Igor Sechin’s $120M Superyacht

Adrian Fuller
-
0
Bravo! French Authorities Seized Igor Sechin’s $120M Superyacht

The Western alliance continues the beating of Russian oligarchs due to Putin’s invasion of Ukraine. The French government announced that it had seized the $120M superyacht Amore Vero. It is owned by the Russian oligarch Igor Sechin, CEO of Russian energy giant Rosneft. The French finance minister informed via Twitter that French authorities seized the precious vessel at a shipyard near Marseille. The EU sanctioned Sechin earlier this week, describing him as one of Russian President Vladimir Putin‘s “most trusted and closest advisors, as well as his personal friend.”

According to Superyacht Fan, Amore Vero has a value of $120 million. The Dutch shipbuilder Oceanco built the vessel, previously known as St. Princess Olga, and delivered it in 2013. It has a length of 85.5m and 2 MTU engines bring it to a top speed of 18.5 knots (21.2 mph/ 34 kph).

The authorities are after their prestigious superyachts. They are easy to track. In the last 48 hours, German authorities seized Alisher Usmanov‘s $600M Dilbert, and now the French took Igor Sechin‘s $140M Amore Vero. Putin is likely to come under pressure. Nothing hurts Russian oligarchs more than losing their luxury toys.

Read the full story on FinTelegram.

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

Jacob Weizman
-
0
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.

Read the full story here on FinTelegram

The Western Hunt For The Oligarchs’ Superyachts!

Jacob Weizman
-
0
The Western Hunt For The Oligarchs’ Superyachts!

FinTelegram reported that the Western alliance of the U.S. and EU are on the hunt for the luxury assets of the Russian oligarchs. U.S. President Joe Biden warned Russian oligarchs during his State of the Union address, saying that the U.S. will seize much of their wealth in the country. “We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets,” Biden said in his address. “We are coming for your ill-begotten gains.”

The seized superyacht

Russian oligarchs evidently move their superyachts to safe havens around the world as the West tightens sanctions over the invasion of Ukraine. A Forbes report said that German authorities seized the 156-meter (512-foot) Dilbar, owned by the Russian oligarch Alisher Usmanov. Dilbar is valued at $600m and is regarded as the largest motor yacht in the world by gross tonnage.

Heading for save havens

Barron’s reported that the superyacht Clio owned by Oleg Deripaska, a US-sanctioned Russian oligarch, arrived in the Maldives. The sunny island nation doesn’t have an extradition treaty with the U.S. Clio dropped anchor off Malé, the capital of the Maldives. The largest yacht currently in the Maldives is the 140-meter Ocean Victory, belonging to steel magnate Victor Rashnikov. Titan, owned by Russian billionaire Alexander Abramov, is also currently anchored in Male.

The 141-meter Nord, owned by Alexei Mordashov is currently in the Seychelles after reportedly sailing from the Maldives. The Rhapsody of Russian banker Andrey Kostin is also heading to the Seychelles. It’s not clear why the Russians would be moving their yachts to the Seychelles as it has an extradition treaty with the US and other countries, the SUN noticed. Meanwhile, Vagit Alekperov, president of Russia-based Lukoil, is sailing his Galactica Super Nova to Montenegro. Montenegro does not have an extradition agreement with the U.S.

Read the full story on FinTelegram

The Russian Oligarches’ Revolution Against Putin!

Jacob Weizman
-
0
The Russian Oligarches’ Revolution Against Putin!

As Russia’s tanks rolled into Ukraine, Vladimir Putin gathered the Russian Oligarches in the Kremlin’s ornate Hall of the Order of St Catherine to discuss their response to sanctions. The Russian president seated meters away in a conspicuous social-distancing measure. Putin told them he would have no other choice but to invade Ukraine and if they wanted to keep their businesses, neither did they.

Mikhail Fridman, a founder of Alfa Bank, Russia’s largest private bank a, was sanctioned by the EU late. Fridman said that he would contest the designation, and that he isn’t politically or financially connected to Vladimir Putin. He is one of the country’s richest men and became the first of the Russian Oligarches to speak out against the conflict last Friday, calling for an end to the “tragedy” and “bloodshed.” Fridman, who was born in western Ukraine wanted the “bloodshed to end.”

Fridman’s call for peace was echoed by Oleg Deripaska, a billionaire who made his fortune in the aluminum business.”Peace is very important! Negotiations need to start as soon as possible!” Deripaska said.

Oligarch Roman Abramovich, who hasn’t been sanctioned, said that he was helping Ukraine negotiate peace with Russia. Oleg Tinkov, the billionaire founder of Russia’s Tinkoff Bank, a unit of TCS Group Holding PLC, highlighted the work his foundation does to help children and his desire for no war. Mr. Tinkov also hasn’t been sanctioned.

Read the full article on The Wall Street Journal

Russian Oligarch Roman Abramovich Hands Chelsea Stewardship To Charity Trust

Adrian Fuller
-
0
Russian Oligarch Roman Abramovich Hands Chelsea Stewardship To Charity Trust

The Russian oligarch Roman Abramovich is the owner of Chelsea, a UK Premier League football club. He has invested more than £1B into the Stamford Bridge club since purchasing it in 2003. Abramovich will not be asking the club to repay the loans it owes him. Thus, the long-term future of the club remains secure. Due to the Russian invasion of Ukraine, Abramovich has handed “stewardship and care” of Chelsea to the club’s charitable foundation following Russia’s invasion of Ukraine.

MPs have called this week that Roman Abramovich should not be allowed to own Chelsea due to his alleged links to Putin’s regime.

Abramovich made his fortune in the years following the collapse of the Soviet Union. In Russia’s controversial loans-for-shares privatization program, he obtained state-owned assets at prices far below market value. Abramovich is a close confidant of Russian President Vladimir Putin.

On 28 Feb 2022, Abramovich was ranked the 141st richest man in the Bloomberg Billionaires Index. His total net worth is estimated to be around $14B.

Ukraine Invasion – Failure Of European Subsidiary of Russian Sberbank Imminent!

Jacob Weizman
-
0
Ukraine Invasion – Failure Of European Subsidiary of Russian Sberbank Imminent!

As a result of the Ukraine invasion of Ukraine, the EU imposed sanctions on Russian banks, which put them under pressure. The European headquarters of the state-owned Russian Sberbank is located in Vienna, Austria. The European Central Bank ECB warned that Sberbank Europe is likely to fail because of economic difficulties. Therefore, as the national resolution authority, the Austrian Financial Market Authority (FMA) has imposed a moratorium on Sberbank Europe with immediate effect.

Sberbank Europe AG, registered in Vienna, Austria, is a wholly-owned subsidiary of state-owned Russian Sberbank in Moscow. The following restrictions apply for the period of the moratorium:

  • All payment and delivery obligations of Sberbank Europe AG to its creditors are suspended;
  • Creditors cannot enforce any security interests against Sberbank Europe AG;
  • Termination rights of counterparties of Sberbank Europe AG are temporarily suspended;
  • The enforcement of security interests of secured creditors of Sberbank Europe AG is prohibited;
  • The termination rights of a party to a contract with Sberbank Europe AG are suspended;

Therefore, Sberbank Europe AG may not make any disbursements, transfers, or other transactions during the moratorium. However, depositors of eligible deposits have access to a maximum amount of € 100 per day to secure the most necessary daily needs until the end of the moratorium. Deposits up to €100,000 will continue to be covered by the Austrian deposit guarantee scheme.

The European Central Bank ECB has warned that Sberbank Europe AG has severe economic difficulties. As a result, the bank’s failure is imminent. After a thorough assessment, the Single Resolution Board (SRB), as the competent European bank resolution authority, has imposed this temporary moratorium to consider the further steps required. The measure serves to safeguard and strengthen financial market stability in the banking union.

Cryptoeconomy – Coinbase Hires Former Goldman Sachs Executive

Charlene Lensburg
-
0
Cryptoeconomy – Coinbase Hires Former Goldman Sachs Executive

Goldman Sachs Group Inc. executive Roger Bartlett announced that he would move to major U.S. cryptocurrency exchange Coinbase Global Inc. “it’s time to embrace the cryptoeconomy,” the 16-year veteran of Goldman and a partner wrote in a LinkedIn post.

After being the global co-head of operations for global markets at Goldman Sachs, Bartlett will be working alongCoinbase’sase’s CFO Alesia Haas, President and COO Emilie Choi, Vice President of Institutional Products Greg Tusar, and Head of Institutional Sales Brett Tejpaul.

He described his task at Coinbase as helping its customers “embrace opportunities offered by digital assets and its ecosystem.”

Roger Bartlett’s move to the publicly traded crypto exchange Coinbase is another strong signal that the cryptoeconomy and cyberfinance have come to replace the old FIAT system.

War Times Are A Great Opportunity To Buy Stocks Cheap!

Jacob Weizman
-
0
War Times Are A Great Opportunity To Buy Stocks Cheap!

For a few days, the Ukraine war is a reality, and with it, the era of a new Cold War! The world’s most famous investor, Warren Buffet, has warned against dumping stocks, hoarding cash, and buying gold or bitcoin in war times. He believes investing in businesses is the best way to build wealth over time. The Berkshire Hathaway CEO told CNBC in March 2014 that Russia’s invasion of Ukraine at the time wouldn’t spur him to sell any stocks.

“If stocks are cheaper, I’ll be more likely to be buying them,” he said, adding that he wouldn’t cash out even if the conflict escalated into another cold war or World War III. “Well, if you tell me all of that is going to happen, I will still be buying the stock,” he said. “You’re going to invest your money in something over time. The one thing you could be quite sure of is if we went into some very major war, the value of money would go down.“

Buffett emphasized that the US stock market rose during World War II and had marched higher over time. While good businesses will be worth more over time, dollars will be worth less, he concluded.

Warren Buffet for sure has a point here. He is considered one of the most successful investors in the world and has a net worth of over $114 billion as of February 2022, making him the world’s eighth-wealthiest person.

Read the full story on Business Insider

Watch Investors Look At Leonardo DiCaprio’s Patek Philippe Nautilus

Adrian Fuller
-
0
Watch Investors Look At Leonardo DiCaprio’s Patek Philippe Nautilus

Leonardo DiCaprio is not known as a watch investor. Years ago he was seen with a Rolex Daytona and a Tag Heuer Aquaracer before that. Recently he was spotted with a Patek Philippe Nautilus with a Tiffany-blue dial. This is undeniably one of the hottest watches in the market, attracting major celebrity watch guys like Tiffany ambassador Jay-Z, who was the first to show the watch off in public, and LeBron James, who got something nice under the tree on Christmas Day.

Patek Philippe Tiffany

Watch investors became excited at the announcement of a new limited-edition Patek Philippe x Tiffany & Co. watch. It’s a special edition of one of the most hyped and coveted luxury watches ever. It might be the last version of Patek’s famous Nautilus 5711 ever produced and it’s got an eye-catching Tiffany-blue dial

As part of its release, Patek sent one of the pieces to be auctioned off for charity. The retail price is $52,635. However, on December 11, 2021, a Patek Nautilus Tiffany 170th Anniversary ref. 5711/1A-018 was sold for $6.5 million at Phillips auction in New York. That sum made it one of the most valuable Pateks ever sold, and by far the most valuable Nautilus in the world. The money was donated to The Nature Conservancy.

Read the full story on GQ

The Tech Domination In The Bloomberg Billionaires Index

Jacob Weizman
-
0
The Tech Domination In The Bloomberg Billionaires Index

The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. The figures are updated at the close of every trading day in New York. Today, the new rich people predominantly made their fortune in the tech or fintech industry.

On February 24, 2022, among the top 10 richest people in the world were seven who made their money with technology. Elon Musk is the #1. He laid the foundation of his incredible wealth as co-founder of the online payment service PayPal. Amazon founder Jeff Bezos is in second place. Microsoft founder Bill Gates and Google co-founder Larry Page are in 4th and 5th place. In between is Frenchman Bernard Arnault in 3rd place. He made his money in luxury items and fashion.

Otherwise, the only people in the top 10 who have not become rich from technology are investor Warren Buffet and Indian energy entrepreneur Mukesh Ambani. The technology entrepreneurs are the oligarchs in the cyberfinance age.

See the full Bloomberg Billionaires Index
1...626364...81Page 63 of 81

At The Cyber Voice, we are dedicated to illuminating the intricate tapestry of our evolving cyber society. Through incisive journalism and informed perspectives, we strive to be the beacon for those navigating the digital realm. From politics and finance to cryptocurrencies and lifestyle, we commit to delivering unbiased, comprehensive, and forward-thinking narratives that empower our readers to stay informed, engaged, and ahead of the curve in an ever-changing digital landscape.

Contact us: office@thecyvo.com

© Copyright - Circle Point LLC