Category: Cybercrime
M
MOSHE HOGEG – THE MAN WHO TRANSFORMED STARTUP NATION ISRAEL INTO A CRYPTO BOILER ROOM
The Israeli entrepreneur and investor Moshe HOGEG entered the online trading business in 2014. He and his venture capital vehicle SINGULARITEAM allegedly paid over $5 million to buy the domain invest.com. The goal was to penetrate the forex industry with an all assets brokerage site. The website was finally launched in 2016 after its operating entity IDC INVESTDOTECOM HOLDINGS LTD ("IDC") secured $20 million in funding.Sometime in 2017, Moshe HOGEG and his people recognized the potential of cryptocurrencies and blockchains. They saw that naive crypto investors were literally throwing their funds into ICOs.