People Radar – Profiling Key Players in Finance

Category: People Radar

January 28, 2024

Three Arrows Capital Co-Founder Enjoyed Prison Time Experience!

Su Zhu, co-founder of the defunct crypto hedge fund Three Arrows Capital (3AC), recently described his time in a Singapore prison as surprisingly positive. Released last month, Zhu shared video clips on X about his prison time. He characterized the experience as overall "enjoyable" and beneficial for sleep improvement. Zhu, arrested for non-cooperation in liquidation investigations, is now shifting focus to the new crypto exchange OPNX.

People Radar

January 25, 2024

Elon Musk’s Financial Rollercoaster – A Multi-Billion Dollar Game of Snakes and Ladders!

In a twist that could rival the plot of a daytime soap opera, the once unassailable tech titan Elon Musk finds his financial empire not so sky-high anymore. As of January 20, 2024, Musk's net worth has nosedived to a "mere" $225.4 billion, a dramatic tumble from his peak of $320.4 billion in November 2021. And Musk senses the Chinese threat to his Tesla. Let's all take a moment to process this tragedy.

January 25, 2024

Revealed: Binance Founder Was Denied Travel Before Sentencing Despite High Bail!

Changpeng Zhao (CZ), the founder and former CEO of Binance, faced a setback when a federal judge denied his request to travel to the United Arab Emirates for a personal emergency. This decision came despite CZ's offer to secure his return to the U.S. with his Binance equity, valued at an impressive $4.5 billion, as a guarantee for his return. This valuation was based on the last fundraising round of Binance, conducted two years ago.

January 23, 2024

Request for Whistleblower Information: Investigating MinerSale and Raitis Kaucis!

During the 2017 cryptocurrency boom, a flood of Initial Coin Offerings (ICOs) swept the market. A significant number of these, including MinerSale, led by Estonian citizen Raitis Kaucis, have raised serious concerns. Reports suggest that MinerSale, along with the vast majority of these ICOs, involved business models that were either non-functional or outright fraudulent, leading to the loss of substantial investor funds. The MinerSale website has since vanished

January 20, 2024

Investment Firm CEO Peter Kambolin Sentenced in “Cherry-Picking” Scheme Involving Crypto Futures!

Peter Kambolin, a U.S.-Russian national and CEO of Systematic Alpha Management LLC (SAM), has been sentenced to two years in prison for orchestrating a fraudulent "cherry-picking" scheme. This marks the first criminal charge against a commodities trading advisor and commodities pool operator involving cryptocurrency futures contracts. Kamoblin also received an order to forfeit approximately $1.6 million.

January 13, 2024

Who is The Crypto MLM Artist Josip Heit? We Asked Bing!

Josip Heit perhaps holds the record for the collection of regulatory warnings against him and his schemes. Most recently, several U.S. regulators have issued Cease and Desist Orders against Heit personally and his schemes GSPartners, G999, Swiss Valorem Bank, and others. Regulators from other regulatory regimes had previously issued warnings. Heit is using his German law firm IrleMoser to SLAPP attack critics. Bing has described Heit as follows.

January 6, 2024

Gennaro Lanza Celebrates His ‘Entrepreneurial Triumph’ Amidst Defamation Battle!

Invest Group Global recently proclaimed an "entrepreneurial triumph" under the leadership of Founder, Angel Investor, and CEO Gennaro Lanza, proudly boasting a purported yearly revenue of a staggering $15 million for 2023. While the press release touts this achievement with celebratory language, a closer inspection reveals a narrative rife with red flags and questionable practices associated with Lanza's broker schemes and activities.

January 5, 2024

Andrey Dashin Silence About The FXTM Situation Is Strange!

Andrey Dashin, a Russian-born serial retail forex entrepreneur and founder of the Exinity Group, has steered prominent financial brands like ForexTime (FXTM), Alpari, and Alpari International. In 2020, Dashin consolidated his retail forex schemes into the Exinity Group, chaired by FXTM CEO Olga Rybalkina. The broker schemes faced regulatory scrutiny, including FinTelegram's redlisting. Recently, FXTM announced its closing down and renounced its CySEC license.

January 4, 2024

Mark Zuckerberg’s Strategic Stock Sell-Off: A Closer Look at Meta Platforms’ Mastermind!

Mark Zuckerberg, the co-founder of Facebook and the current executive chairman and CEO of Meta Platforms (formerly Facebook, Inc.), has recently made headlines with a significant stock sell-off, shedding nearly half a billion US dollars of Meta Platforms shares in the final two months of 2023. This move follows a two-year hiatus during which the company faced challenges, leading to its stock hitting its lowest point in seven years.

January 4, 2024

Nikesh Arora’s Journey to Billionaire Status: From Google to Palo Alto Networks!

The Indian-American business executive Nikesh Arora, the CEO of cybersecurity firm Palo Alto Networks, has reached a net worth of $1.5 billion, according to the Bloomberg Billionaires Index. This impressive fortune is attributed to substantial pay awards earned throughout his career, marking him as a notable non-founder billionaire in the tech CEO landscape.

January 1, 2024

Wise Co-Founder And FinTech Billionaire Kristo Kaarmann is the Top Winner On The London Stock Exchange!

Fintech Wise's co-founder, Kristo Kaarmann, has become prominent in London's public markets. New data highlights that Kaarmann's stake in the foreign exchange payments company soared in value to an impressive £1.65 billion in 2023, marking a £600 million increase since the beginning of the year. This growth translates to an average daily gain exceeding £1.6 million. Not so bad for, really!

December 28, 2023

René Benko: The Rollercoaster Journey of a Once-Billionaire Turned Insolvency Headliner!

René Benko, 46, an Austrian maverick in real estate, retail, and media, once had the Midas touch in transforming Signa Group into one of Europe's real estate behemoths. The same Signa that, until November 2023, strutted the European stage like a real estate peacock, later dipping its toes in retail and media, even nabbing stakes in Austria's top newspapers. Talk about a media darling!

The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.