Tag: Andrew Smith

OSC halts Toronto Hedge Fund’s Trades And Launches Probe After Losses And The Founder’s Sudden Death!

OSC tamir - November 1, 2023

The sudden passing of Christopher Callahan, founder of Toronto's Traynor Ridge Capital Inc., has triggered an in-depth review of the hedge fund's considerable recent losses. The Ontario Securities Commission (OSC) suspended all trades by Traynor Ridge pending a thorough investigation. The fund's trading missteps earlier in the month resulted in substantial losses, approximated between C$85 million to C$95 million, as detailed in an OSC report dated Oct. 30.

Whistleblower request! What are the connections between Markets.com and Eightcap?

Broker tamir - April 3, 2022

The Israeli entrepreneur Teddy Sagi founded Playtech plc in 1999. It has over 7,000 employees and is listed on the main arket of the London Stock Exchange. The company is a technology provider for the gambling and financial trading industries. Playtech owns the CySEC-regulated investment firm and broker Safecap Investments Ltd d/b/a Markets.com via Finalto (IOM) Limited. The latter owns the intellectual property rights and marketing and technology contracts of Playtech's financial division, which is up to sale!

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.