Matvii Mikhnevych | FinTelegram News

Tag: Matvii Mikhnevych

February 6, 2024

Updated Profile for High-Risk Payment Processor PayDo!

We have already extensively reviewed the FCA-regulated high-risk payment processor PayDo in 2022 and also outlined the close cooperation with PayOp. In our current analysis of the high-risk segment of online casinos and the gambling segment, we have also found the two payment facilitators at the offshore crypto casino Gamdom, reglated in Curacao. They facilitate the distribution of the Gamdom Coin. We have therefore updated our PayDo review.

December 4, 2022

FCA-Regulated High-Risk Payment Processor PayDo Finally Terminated Russian Business!

In October 2022, we published our initial review of the high-risk payment processor PayOp and revealed that it is essentially a Ukrainian scheme operated through legal entities in Canada and Singapore. The Ukrainian Sherii Zakharov is the controlling person. At the time of your initial review, PayDo was heavily engaged in Russia, which accounted for more than 30% of its website visitors. Since we published our report, PayDo terminated its Russian connections, blocked Russian visitors, and started to defame FinTelegram!

TikTok Takedown: America’s Digital Iron Curtain or Silicon Valley’s Secret Weapon?

The recent ruling by the U.S. Court of Appeals for the District of Columbia Circuit has sent shockwaves through the social media industry, upholding a law that could effectively ban TikTok in the U.S. The ruling cited national security concerns. This decision marks a significant escalation in the ongoing tension between the U.S. government and Chinese-owned tech companies.

Truong My Lan: A Tycoon’s Fall from Grace and Vietnam’s $44 Billion Financial Scandal!

The dramatic downfall of Truong My Lan, one of Vietnam’s most prominent property magnates, has sent shockwaves through the country's financial and political systems. The 68-year-old former billionaire is at the center of one of the largest financial frauds in history, a scandal that has not only exposed vulnerabilities in Vietnam’s economy but has also highlighted the intricate relationship between business and politics in the country.

Cash Cow Crypto: U.S. CFTC Enforcement Sets Records in FY 2024 with $17.1 Billion in Monetary Relief!

The U.S. Commodity Futures Trading Commission (CFTC) achieved a landmark year in FY 2024, securing over $17.1 billion in monetary relief, including $2.6 billion in civil penalties and $14.5 billion in restitution. The agency’s groundbreaking actions spanned digital asset (crypto) markets, voluntary carbon credits, and major compliance cases, highlighting its leadership in safeguarding market integrity.

U.S. DOJ’s Whistleblower Pilot Program: 250+ Tips in Just Months!

Whistleblowers are the only effective way to fight financial crime. The U.S. DOJ whistleblower pilot program has already proven effective, generating over 250 tips of potential misconduct since its launch in August, according to Principal Associate Deputy Attorney General Marshall Miller. According to a Reuters report, the initiative targets corporate malfeasance and encourages internal self-disclosure by companies.

Online Gambling: Lokinvestigation in Curaçao, its Maltese Connections, and How to Shut Down!

For many years, the far-far-away Curacao was the regulatory mecca of global online gambling. But that is over. The Lokinvestigation, spearheaded by opposition politician and forensic investigator Dr. Luigi Faneyte, reveals systemic failures and alleged corruption in Curaçao’s online gambling sector. With ties to Maltese investors and global financial networks, the report demands transparency but also carries political implications.