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Israeli Police Accuse Investor Hogeg of $290 Million Crypto Scam

Israeli Police Accuse Investor Hogeg of $290 Million Crypto Scam
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Reports of Celsius Network s CFO Arrest Raise More Questions

Reports of Celsius Network s CFO Arrest Raise More Questions
crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.

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Report: Three of the most glorified ICOs in Israel were fraudulent

Three of Israel’s most famous initial coin offerings (ICOs) in 2017 and 2018 were scams. A report unveiled this news on May 31, citing a $16.1 million (£11.32 million) lawsuit filed on May 25 by Roee Broncial and Eran Okashi, who are employees of the Singulariteam venture capital fund. The defendants in the case are […]

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3 of Israel s most-hyped initial coin offerings were scams, ex-employees allege

An assistant to the Beitar Jerusalem owner sues his boss, claiming that Moshe Hogeg and his associates stole $250 million raised through Stox, Sirin Labs and Leadcoin ICOs

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Israel s Moon Active, the developer of Coin Master, acquires Melsoft in deal valued at over $100 million

Israeli gaming company Moon Active Ltd., which develops one of the world s most popular mobile games, is acquiring gaming company Melsoft. Melsoft also develops mobile games, including the successful Family Island and My Cafe. Melosoft has 240 employees, most of whom are based out of Minsk, Belarus and Nicosia, Cyprus, and has revenue estimated at $160 million a year. The price of the acquisition was not announced, but it is believed to be over $100 million. Moon Active s income in 2019 surpassed $500 million, and it ended the year boasting significant profits. Moon Active currently has only one active game, named Coin Master, which was released in 2016. According to Sensor Tower, which provides enterprise-grade market intelligence and performance metrics in the mobile app ecosystem, Coin Master is the fourth highest-grossing mobile game in the world in 2020, surpassing revenue of $1 billion. Coin Master is ranked in first place in revenue for mobile games in many countries, inc

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