3 ms·

We're finding about this because Estonia has transparent government services and a tradition of investigative journalism. These days, though, every crypto comp

We're finding about this because Estonia has transparent government services and a tradition of investigative journalism. These days, though, every crypto company and plenty of scamsters of all sorts seem to be located in Dubai, and good luck finding any transparency or doing any investigations in the United Arab Emirates.

alephnerd 3y ago
> every crypto company and plenty of scamsters of all sorts seem to be located in Dubai This is largely because of the Russia-Ukraine war/escalation in 2022. Before that, Russia was a major FDI player in the Baltic states, but after 2022 Russian citizens were largely cut off.
deleted 3y ago
[deleted]
pavlov 3y ago
> “These days, though, every crypto company and plenty of scamsters of all sorts seem to be located in Dubai” Hopefully they’ll one day scam the wrong sheik and get thrown in jail with no exit visas in sight. It’s one thing to run your crypto empire in a place like the Bahamas where you expect to be able to simply buy the government (like FTX openly bragged about). It’s another to run it in an authoritarian country where the money you’re stealing might belong to the billionaires who own the whole place and hand out death sentences to critics.
Avamander 3y ago
This transparency is actually even frowned upon by the EU due to privacy concerns. I don't agree though, businesses and who profits from them should be transparent.
Beijinger 3y ago
Isn't Dubai where the crypto queen is rumored to live? https://en.wikipedia.org/wiki/Ruja_Ignatova https://en.wikipedia.org/wiki/Ruja_Ignatova Edit: Bc it got downvoted first. I saw a documentary about her and she had tremendously good contacts to Dubai and it was hinted she lives there now. The Wiki page claims that she is rumoured to have been killed.

3 ms·

We're finding about this because Estonia has transparent government services and a tradition of investigative journalism. These days, though, every crypto comp

by resolutebat 3y ago

alephnerd 3y ago
> every crypto company and plenty of scamsters of all sorts seem to be located in Dubai This is largely because of the Russia-Ukraine war/escalation in 2022. Before that, Russia was a major FDI player in the Baltic states, but after 2022 Russian citizens were largely cut off.
deleted 3y ago
[deleted]
pavlov 3y ago
> “These days, though, every crypto company and plenty of scamsters of all sorts seem to be located in Dubai” Hopefully they’ll one day scam the wrong sheik and get thrown in jail with no exit visas in sight. It’s one thing to run your crypto empire in a place like the Bahamas where you expect to be able to simply buy the government (like FTX openly bragged about). It’s another to run it in an authoritarian country where the money you’re stealing might belong to the billionaires who own the whole place and hand out death sentences to critics.
Avamander 3y ago
This transparency is actually even frowned upon by the EU due to privacy concerns. I don't agree though, businesses and who profits from them should be transparent.
Beijinger 3y ago
Isn't Dubai where the crypto queen is rumored to live? https://en.wikipedia.org/wiki/Ruja_Ignatova https://en.wikipedia.org/wiki/Ruja_Ignatova Edit: Bc it got downvoted first. I saw a documentary about her and she had tremendously good contacts to Dubai and it was hinted she lives there now. The Wiki page claims that she is rumoured to have been killed.