E&G Bulgaria | FinTelegram News

Category: E&G Bulgaria

January 15, 2019

BREAKING NEWS: Illegal Broker Site XTraderFX Vanished

Over the last couple of weeks, FinTelegram has reported extensively about the illegal broker scheme XTraderFX. The UK watchdog FCA has issued several warnings against..

January 2, 2019

INVESTOR WARNING – Illegal Broker XTraderFX, GPay, And Money Laundering [Part 2]

In part 1 of our XTraderFX Report, we covered the activities of the network behind the illegal broker sites XtraderFX, SafeMarkets or OptionStars. The mission..

October 11, 2018

BINEX GROUP, DREAMSPAY, AND THEIR FRAUDULENT EXPANSION

We have been covering the cybercrime activities of the Wolf of Sofia, Gal BARAK, and its partners Marina Barak (previously Marina ANDREEVA), Gery SHALON, and Vladislav SMIRNOV since 2018. Our reporting was instrumental in breaking up this cybercrime organization. As a result, gal Barak was arrested in early 2019 and sentenced to four years in prison in September 2020 for investment fraud and money laundering. In addition, his wife Marina is currently on trial. The Binex Group was a centerpiece of their organization to launder money stolen from scam victims.

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.