SEC: Bitcoin funds raise ‘Investor Protection issues’
From Newmax The U.S. securities regulator raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrencies. A top division chief at…
SEC halts Virtual Coin Offering, warns investors of Cryptocurrencies
From Newsmax The chairman of the U.S. Securities and Exchange Commission (SEC) on Monday warned investors of the dangers of putting their money into cryptocurrencies, saying trading and public offerings in the emerging asset class may be in violation of…
Caribbean News Events iBusiness iCommunity iCrime iFinance iLocal News iOpinion iViews iWorld News Manager's Choice News Your View
Ominto Inc’s (OMNT) questionable Cayman Island transaction
From ValueWalk Our previous articles on Ominto Inc. ($OMNT) have raised serious questions about its valuation (7x revenue and losing money), the valuation and rationale behind its investments in Lani and Quant (we believe, based on SEC filings, that Lani…
Platinum Partners receiver replaced after clashing with U.S. regulators
By Brendan Pierson (Reuters) -From nasdaq A U.S. judge has appointed a new receiver to oversee the unwinding of assets held by hedge fund firm Platinum Partners, after the first receiver resigned over disagreements with federal securities regulators. In a…
Bitcoin is roaring back
By Jonathan Garber From Business Insider Bitcoin is higher for a second straight day on Tuesday, trading up 3% at $1,072 a coin as of 7:28 a.m. ET. The tw0-day win streak has tacked on about 13%, rebounding from a…
Cayman Islands: Former General Counsel And Current Independent Director discusses the importance of robust fund governance
Article by DMS Offshore Investment Services William H. Woolverton recently joined the New York office of DMS Governance Ltd. (DMS) as managing director and head of U.S. legal. In this role, Woolverton has oversight of U.S. legal for DMS, along…
Cayman Islands: DMS update on Platinum Management case
By Ali Sims DMS Offshore Investment Services DMS has received several inquiries regarding our involvement in the recent Platinum Management case. In light of this, we would like to share with you the information we have previously communicated to investors.:-…
‘Hamilton’ Ponzi scheme suspect linked to ticket reseller
By Kevin McCoy From USA TODAY A New York City businessman charged with raising $81 million in a Ponzi scheme based on claims of reselling tickets to the Broadway blockbusterHamilton had ties to a company that partners with major ticket exchanges…
Caribbean News Editors Choice iBusiness iCommunity iCrime iEnvironment iFinance iLocal News iWorld News News
Bitcoin’s first felon wants to use Ethereum to buy up Michigan’s waste industry
“Mainstreet is headquartered in the Cayman Islands, a notorious tax haven” By JORDAN PEARSON From Motherboard Charlie Shrem once branded himself “bitcoin’s first felon.” In December of 2014, Shrem was sentenced to two years in prison for knowingly processing funds…
In the matter of Caledonian Bank Limited (In voluntary liquidation) (Unreported) (12 February 2015)
From Conyers Dill & Pearman APPLICATION FOR SUPERVISION ORDER – BANKS AND TRUST COMPANIES LAW (2013 REVISION), S.18 – BANKRUPTCY LAW (1997 REVISION), S.18 – WHETHER APPOINTMENT OF CONTROLLERS TAKES PRECEDENCE OVER APPOINTMENT OF VOLUNTARY LIQUIDATORS The US Securities and…
