Ukraine War | FinTelegram News

Category: Ukraine War

September 26, 2023

Why Western Taxpayers Should Not Fund The Ukraine War But The Seized Russian Assets Should!

A growing chorus of voices suggests that the financial burden of supporting Ukraine in its war against Russia should not fall on the shoulders of Western taxpayers. Instead, they argue, the proceeds from the seized assets of Russian oligarchs and wealthy individuals should be used to finance the war effort. Using already seized funds and liquidation seized yachts and jets could bring in many billions and relieve taxpayers.

September 16, 2023

The U.S. War Against The Russian Crypto Industry!

Before Western sanctions against Russia over the Ukraine invasion began in February 2022, U.S. authorities were cracking down on the Russian crypto scene. Since the beginning of the new sanctions in 2022, the American approach against the Russian crypto scene, which is under general suspicion of money laundering and sanctions violations, has intensified and is bringing charges against Russian crypto schemes and their masterminds.

September 11, 2023

Not surprising! Arrested Ukrainian Oligarch Loses Billionaire Status!

Ukrainian tycoon Ihor Kolomoisky's net worth has plummeted from $2 billion to $835 million since the Russian invasion. Before the invasion on Feb. 24, 2022, Kolomoisky's enterprises, including the informal Privat Group bank, were valued at their highest in seven years. However, by early September 2023, after facing two legal charges within a week and subsequent arrest, his wealth decreased by two-and-a-half times.

September 10, 2023

Cyberwar: Enforcement Actions And Sanctions Against Russian Cybercrime Organization Trickbot!

Welcome to cyberwar: the U.S., in collaboration with the UK, has imposed sanctions on eleven members of the Russia-based Trickbot cybercrime organization, allegedly protected by Russia. This move was initiated by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). Simultaneously, the U.S. Department of Justice (DOJ) charges nine individuals linked to the Trickbot malware and Conti ransomware operations, seven sanctioned by OFAC.

September 8, 2023

Eric Schmidt And The Legal Problems With The Russian Oligarchs’ Seized Superyachts.

In 2022, global attention was drawn to Russian-owned superyachts following the Ukraine conflict. The illustrious Alfa Nero, considered among the world's most opulent superyachts, is thought to be owned by Russian magnate Andrey Guryev, who faced sanctions from the U.S. The seized vessel's future is now intertwined in a legal conflict involving Guryev's offspring, the Antigua and Barbuda government, former Google head Eric Schmidt, and another bidder.

August 26, 2023

The Presumed Death Of Russian Troll Master Yevgeny Prigohin And The Russian Mafia State!

The Russian entrepreneur and troll master Yevgeny Prigozhin was often referred to as "Putin's chef" or "Putin's henchman" due to his once close ties with the Russian President. He presumably died in a mysterious plane crash. Prigozin's journey from a convicted criminal to a billionaire with interests in various sectors, including catering, media, private military companies, and troll factories, is nothing short of remarkable.

August 17, 2023

The Richest Russian Oligarch Andrey Melnichenko And His Seized $600-Million Super-Yacht in Triest!

The sanctions against Russian oligarchs were intended to hit Putin's war activities. The sanctions also provide for confiscating the oligarchs' assets in the West. On March 11, 2022, the Italian state seized the super-yacht SY A, owned by Russian oligarch Andrey Melnichenko in the Italian port of Trieste. There, the reportedly $600 million luxury toy remains anchored to this day and has become a public attraction.

August 13, 2023

Rich Russians in Cyprus: Little Russia in the Mediterranean!

Cyprus, the small Mediterranean island nation, has seen a significant influx of wealthy Russians over the past few decades. This migration has transformed parts of the island into what can be described as a "Little Russia," with Russian businesses, restaurants, and cultural centers becoming commonplace. But what does this mean for Cyprus, and the broader geopolitical landscape, especially in light of the Western sanctions against Russia due to the Ukraine invasion?

July 23, 2023

Sorry, No Impact: Despite Western Sanctions, Russian Oligarch Got Richter While U.S. Billionaires Lost!

In the wake of the "crazy war" in Ukraine, the Russian oligarchs are the strategic focus of the Western sanctions aimed at exerting pressure on the Russian government. Most recently, Oleg Tinkov, an oligarch excommunicated by the Kremlin, has called his former comrades cowards and urged them to take action against Putin. However, according to the latest Forbes statistics, Russian billionaires have become significantly richer since the outbreak of the Ukraine invasion.

July 22, 2023

Sanctions Against Excommunicated Russian Oligarch And Putin Critic Oleg Tinkov Lifted!

Former Russian oligarch Oleg Tinkov, known for his staunch opposition to the "crazy war" in Ukraine, now resides in Switzerland after being expropriated by the Kremlin. At 55 years old, Tinkov is a vocal critic of President Vladimir Putin and has not hesitated to condemn the silence of the Russian elite regarding the invasion. He became the first Russian billionaire to have Western sanctions against him removed after a British court upheld his challenge to the sanctions.

July 21, 2023

Putin Seized Russian Subsidiaries Of Carlsberg And Danone And Hands Over Control To Chechen Minister!

Since the start of the Ukraine war, some 1,050 firms have fled Russia immediately, but about 600 remain. By presidential decree, Russia took control of the Russian subsidiaries of Danish brewer Carlsberg and French food company Danone on July 16, 2023. President Vladimir Putin's decree said the Russian state would "temporarily" manage the shares of these Russian subsidiaries.

Ukraine War

July 17, 2023

Russian Oligarch Roman Abramovich Seen In Switzerland With Maserati MC12

The oligarchs on the Western sanctions lists continue to enjoy their life of luxury. For example, a super sports car was seen in front of the 5-star hotel La Reserve Genève on Saturday. It is a dark blue Maserati MC 12 that belongs to the Russian oligarch Roman Abramovich. Last week, Abramovich challenged EU sanctions imposed on him, arguing that the restrictions were imposed simply because he is a well-known Russian.

Paxum Bank: The Offshore Bank for the Porn Industry!

Paxum Bank, an offshore financial institution based in Dominica, has found itself at the center of controversy due to its connections with high-risk industries and recent revelations about its relationship with the embattled Tate brothers. Specializing in serving the adult entertainment sector, the bank has become a key player in providing financial services to businesses often shunned by traditional banks. However, this niche focus has also drawn scrutiny from regulators and investigators.

Tate Brothers Case: The Misogynist Influencers Used Offshore Accounts to Launder Proceeds from Sexual Exploitation!

New evidence suggests that the influencer Andrew Tate and his brother Tristan Tate used offshore accounts, including Paxum Bank, to conceal profits from their controversial webcam business. The Tates are facing serious charges, including human trafficking and money laundering. This case highlights the need for robust AML/KYC practices, particularly for payment processors in high-risk sectors like adult entertainment.

UK FCA Charges First Individual for Operating Illegal Crypto ATM Network for Money Laundering!

The UK Financial Conduct Authority (FCA) has charged London-based Olumide Osunkoya with running an illegal crypto ATM network, marking the first case of its kind in the UK. As crypto ATMs are increasingly used for money laundering, the FCA's crackdown on unregistered operators underscores the need for strict regulatory compliance. The ATM scheme allegedly processed £2.6 million in crypto transactions.

Public-Listed Crypto Exchange Coinbase Has to Face Shareholder Lawsuit Over SEC Risks!

U.S. crypto exchange Coinbase must face a shareholder lawsuit accusing it of downplaying regulatory risks, specifically the chances of being sued by the SEC. While a U.S. judge dismissed parts of the case, the key allegation of misrepresenting regulatory risks will proceed. This case underscores the importance of transparency in the crypto sector, where regulatory uncertainties continue to loom large, particularly in the U.S.

U.S. Regulator SEC Charges Seven Public Companies for Violating Whistleblower Protection Rules!

The U.S. Securities and Exchange Commission (SEC) charged seven public U.S. companies with using agreements that restricted employees from reporting securities law violations, resulting in over $3 million in penalties. The SEC takes strict action against organizations and individuals who seek to contractually restrict whistleblowers' rights. The regulator needs insiders to disclose financial wrongdoing and compliance violations.