Demetra Kalogerou | FinTelegram News

Tag: Demetra Kalogerou

September 16, 2022

Former CySEC Chair Demetra Kalogerou And Her New Job At Public-Listed Crypto Group INX!

In July 2022, Israeli online trading veteran Shy Datika's INX Group announced that Demetra Kalogeruo would join its Board of Directors. Demetra was the Chairwoman of the Cyprus regulator CySEC for two terms, from 2011 to 2021. During that time, Shy Datika ran his CySEC-regulated binary options broker Anyoption, which he sold to debased Israeli crypto entrepreneur Moshe Hogeg in 2017 after regulatory warnings. In that respect, Shy Datika and Demetra Kalogerou are old acquaintances.

CySEC

January 2, 2022

Former CySEC chair Demetra Kalogerou finally had her farewell party!

In September 2021, CySEC wanted to see off Demetra Kalogerou with an expensive party, CyprusMail reported. The farewell party was to cost the Cypriot taxpayer €10,000. However, the Auditor General’s office raised the red flag over a farewell do for a public official that would have cost the taxpayer that much money. Now Demetra and the CySEC team have said goodbye at a private New Year's Eve party as she posted on her LinkedIn page.

CySEC

September 16, 2021

It’s official! George Theocharides new CySEC Chairman

We have already reported about the replacement of Demetra Kalogerou as Chairwoman of CySEC. Since today it is also officially on the CySEC website - George Theocharides is the new Chairman of CySEC. The transition from Kalogerou to Theocharideshad been planned for some time. He has already served as the regulator's Vice Chairman since July 2020. Previously, he served as a member of the Interim Board of Bank of Cyprus and as Chairman of the Cyprus Blockchain Technologies Ltd. It seems that Theocharides has broad experience in finance.

CySEC
ticker

September 15, 2021

CySEC rebooted? Chairwoman Demetra Kalogerou already vanished!

Long-term CySEC Chairwoman Demetra Kalogerou already vanished from the regulator's website. George Theocharides, the current Vice-Chairman, is expected to succeed Demetra Kalogerou as Chairman. Theocharides’ appointment was arranged already a year ago. He agreed to serve first as a Vice-Chairman for 14 months alongside Kalogerou, whose term ends on September 14 after serving two terms. Demetra Kalogerou was appointed in 2011. Theocharides, 49, will become the second academic to take the helm at CySEC. The first was Marios Clerides, Financial Mirror reports.

June 7, 2020

Financial Mail calls Cyprus the ideal turf for rip-off operators and why CySEC should change its management!

The decision of the UK regulator FCA to revoke the passporting for the CySEC regulated forex and CFD brokers Rodeler, F1Markets, Hoch Capital, and Magnum FX (Cyprus) for the UK market cannot be overestimated. Up to now, the individual EU regulators have been rather cuddly and, in the case of problems with notoriously weak regulators such as CySEC, have relied on the excuse of a lack of competence.

OpenAI Closes $6.6 Billion Funding at $157 Billion Valuation, Nearly Doubling its Valuation!

The AI pioneer OpenAI under Sam Altman closed its long-awaited funding round, announcing that it raised $6.6 billion at a $157 billion post-money valuation. OpenAI’s $157 billion valuation underscores its AI dominance, yet losses loom large. Will Thrive Capital, Microsoft, and Nvidia’s backing help steer the ship through the challenges ahead? Stay tuned for more.

High-Profile Maltese Money Laundering & Corruption Case Continues with Keith Schembri Challenging Forensic Expert’s Impartiality!

Keith Schembri, former Chief of Staff of the Maltese Prime Minister, is accused of money laundering and corruption. His legal team has requested that forensic expert Samuel Sittlington, Police Commissioner Angelo Gafa, and former Deputy Commissioner Alexandra Mamo testify to clarify alleged negotiations for consultancy services during the investigation. The defense calls into question the expert’s independence, further complicating an already contentious trial.

Circle Joins U.S.-Led Initiative to Combat Illicit Finance in Virtual Assets!

Erik Rosenblatt, a senior leader at US stablecoin issuer Circle, will represent the company on the Illicit Virtual Asset Network (IVAN) board. Prior to joining Circle, Rosenblatt spent over two decades as a special agent with the U.S. Department of Homeland Security and the U.S. Department of the Treasury. As part of IVAN, Circle will have a voting role in determining the network's priorities and membership.

Evil Corp: A Comprehensive Report on Russia’s Family-Driven Cybercriminal Organization!

The U.S. Department of Justice and Department of Treasury have taken significant action against Evil Corp, a Russia-based cybercriminal group responsible for developing and distributing malware that has stolen over $100 million from banks and financial institutions across 40 countries. Evil Corp appears to operate as a family enterprise, with multiple family members involved.

Good News For Crypto: SEC Enforcement Director Gurbir S. Grewal Steps Down After Impactful Tenure!

The U.S. Securities and Exchange Commission (SEC) is set to experience a significant leadership change as Enforcement Director Gurbir S. Grewal announces his departure. Grewal oversaw a period of heightened regulatory activity specifically targeting the crypto sector. Under his leadership, the SEC Filed high-profile lawsuits against major cryptocurrency exchanges, including Binance and Coinbase.