Cyprus Securities and Exchange Commission (CySEC)

Corinth Fund Management Ltd.: License Revocation

Public Notice by the Cyprus Securities and Exchange Commission that it has revoked the Alternative Investment Fund Manager license of Corinth Fund Management Ltd. for regulatory breaches

FTX EU Ltd.: License Suspension

Public Notice by the Cyprus Securities and Exchange Commission that it has suspended the investment license of FTX EU Ltd., which is part of Sam Bankman-Fried's FTX Group of crypto companies.

Dai Inzu (IV) Fund: License Revocation & Liquidation

Public Notice by the Cyprus Securities and Exchange Commission that it has revoked the investment license of the Dai Inzu (IV) Fund compartment of Dai Inzu V.C.I.C. (RAIF) Ltd. "since the minimum assets were not raised".

Bacho II Fund: License Revocation & Liquidation

Public Notice by the Cyprus Securities and Exchange Commission that it has revoked the investment license of the Bacho II Fund compartment of Bacho Investment V.C.I.C. (RAIF) Ltd. and put it into liquidation "since the minimum assets were not raised".

Louis Plc: €10K Settlement

Public Notice by the Cyprus Securities and Exchange Commission that Louis Plc has paid €10,000 to settle a regulatory investigation into "possible ... market abuse".

Crowd Tech Ltd.: €230K Settlement

Public Notice by the Cyprus Securities and Exchange Commission that Crowd Tech Ltd. has agreed to pay €230,000 to settle a regulatory investigation.

KDM Shipping Public Ltd.: €19K Fine

Public Notice by the Cyprus Securities and Exchange Commission that it has imposed a fine of €19,250 on KDM Shipping Public Limited for regulatory breaches.

Exelcius Prime Ltd.: License Suspension

Public Notice by the Cyprus Securities and Exchange Commission that it has suspended the license of investment firm Exelcius Prime Ltd. for regulatory breaches.

F1Markets Ltd.: €150K Settlement

Public Notice by the Cyprus Securities and Exchange Commission that F1Markets Ltd. has paid €150,000 to settle a regulatory investigation

Triangleview Investments Ltd.: €50K Fine

Public Notice by the Cyprus Securities and Exchange Commission that Triangleview Investments Ltd. has paid €50,000 to settle a regulatory investigation.

Forex TB Ltd.: €270K Settlement

Public Notice by the Cyprus Securities and Exchange Commission that Forex TB Limited has paid €270,000 to settle a regulatory investigation.

Maxigrid Ltd. Directors: Penalties

Public Notice by the Cyprus Securities and Exchange Commission that, after an investigation into the directors of Maxigrid Ltd., it has imposed fines and industry bans on Roy Almagor, and Jekaterina Pedosa; industry bans on Katerina Papanicolaou and Nikolai Monogarov, and no penalties on Alexis Zampas, Pavlos losifides, and loannis Chasikos.

Mount Nico Corp Ltd.: €290K Settlement

Public Notice by the Cyprus Securities and Exchange Commission that Mount Nico Corp Ltd. has paid €290,000 to settle a regulatory investigation.

Finteractive Ltd.: €100K Settlement

Public Notice that the Cyprus Securities and Exchange Commission that Finteractive Ltd. has agreed to pay €100,000 to settle a regulatory investigation.

Capital Com SV Investments Ltd.: €10K Fine

Public Notice by the Cyprus Securities and Exchange Commission that it has imposed a fine of €10,000 on Capital Com SV Investments Ltd. for regulatory breaches.

Maxigrid Ltd.: License Revocation

Public Notice by the Cyprus Securities and Exchange Commission that it has revoked the investment license of Maxigrid Ltd.

Atlantic Securities Ltd.: €3K Fine

Public Notice by the Cyprus Securities and Exchange Commission that it has imposed a fine of €3,000 on Atlantic Securities Limited for a regulatory breach.

AFX Capital Markets Ltd. et al: License Revocation, Industry Bans & €350K Fines

Public Notice by the Cyprus Securities and Exchange Commission that it has revoked the investment license of AFX Capital Markets Ltd. and imposed collective fines totaling €350,000 on two of its directors, Manuela Mazzacco and Andreas Lianos, who also received industry bans, and two of auditors, BDO Ltd. and Anthimos, Leonidou and Partners Ltd., for regulatory breaches.

KMG Capital Markets Ltd.: ‘MC UCITS’ License Revocation

Public Notice by the Cyprus Securities and Exchange Commission that it has revoked "the operation licence of Management Company of Open-ended Undertakings for Collective Investment in Transferable Securities of KMG Capital Markets Ltd.".

Demetrios Chomatas et al: €9K Settlement

Public Notice by the Cyprus Securities and Exchange Commission that Demetrios Chomatas and unidentified "members of his family, as well as the legal person which he owned at the particular period" have agreed to pay a total of €9,000 to settle a regulatory investigation.

Depaho Ltd.: License Suspension Recall

Public Notice by the Cyprus Securities and Exchange Commission that it has recalled the suspension of the investment license of Depaho Ltd.

RAM Cyprus Income Fund Ltd.: License Revocation

Public Notice by the Cyprus Securities and Exchange Commission that it has revoked the license of RAM Cyprus Income Fund Ltd., whose directors appear to be based in Australia, China, and Cyprus.

Maxigrid Ltd.: License Suspension

Public Notice by the Cyprus Securities and Exchange Commission that it has suspended the license of investment firm Maxigrid Ltd. for regulatory breaches.

Maxiflex Ltd.: License Suspension

Public Notice by the Cyprus Securities and Exchange Commission that it has suspended the license of investment firm Maxiflex Ltd. for regulatory breaches.

D&V Pegasus Real Estate AIF VCIC Plc: License Revocation

Public Notice by the Cyprus Securities and Exchange Commission that it has revoked the license of D&V Pegasus Real Estate AIF VCIC Plc. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that the directors of D&V Pegasus Real Estate AIF VCIC Plc were identified as Gunther Glatzel, Gunter Jurgen Vorbauer, and Andreas Dimitriou, while the company's website at pegasusfm.com identified its "Board of Directors" as "Gunter J Vorbauer - Chairman; Andreas Demetriou - Vice Chairman; Christos Vakis - Member; Dr. Gunther Glatzel - Member", "External Manager" as MFO Asset Management Ltd., "Depositary" as Eurobank Cyprus Ltd., "External Auditors" as KPMG Ltd., "Legal Advisor" as Clerides Anastassiou Neophytou LLC, and "Investment Advisors" as Planet Properties (London) Ltd. and PPM Valuations LLC.

Belight Capital Group Ltd.: License Revocation

Public Announcement by the Cyprus Securities and Exchange Commission that it has revoked the license of Belight Capital Group Ltd. for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that the sole director of Belight Capital Group Ltd. was identified as Robert Ryan Porter.

London Capital Group (Cyprus) Ltd.: €40K Fine

Public Notice by the Cyprus Securities and Exchange Commission that it has imposed a fine of €40,000 on London Capital Group (Cyprus) Limited for a regulatory breach. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that London Capital Group (Cyprus) Limited was incorporated in Cyprus on June 6th, 2016 and its sole director is Charles Henri Sabet.

Tintra AIF VCIC Ltd.: License Revocation

Public Notice by the Cyprus Securities and Exchange Commission announcing that it has withdrawn the authorization of five "Investments Compartments" of Tintra AIF Variable Capital Investment Company Ltd., an Alternative Investment Fund, because "the minimum assets were not raised within the extended timeframe". Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that Tintra AIF Variable Capital Investment Company Ltd. was incorporated in Cyprus on July 4th, 2016 and its sole director is Richard Shearer, of the United Kingdom.

Indication Investments Ltd.: License Suspension

Public Notice by the Cyprus Securities and Exchange Commission that it has suspended the license of Indication Investments Ltd. for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that Indication Investments Ltd. was incorporated in Cyprus on July 26th, 2011 and its directors are Thomas Xydas, Viacheslav Aleksandrovich Taran, Andrei Nikolaev, Alexey Trifonov, and Giorgos Stylianou.

Alkis Aloneftis: €1K Fine

Public Notice by the Cyprus Securities and Exchange Commission that it has imposed a fine of €1,000 on Alkis Aloneftis for a regulatory breach.

Parallel Nominees Cyprus Ltd.: €70K Settlement

Public Notice by the Cyprus Securities and Exchange Commission that Parallel Nominees Cyprus Limited has paid €70,000 to settle a regulatory investigation. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that Parallel Nominees Cyprus Limited was incorporated in Cyprus on February 19th, 2013 and its directors are Anastasia Evripidou and Katina Papanikolaou.

Depaho Ltd.: License Suspension

Public Notice by the Cyprus Securities and Exchange Commission announcing that it has suspended the license of Depaho Ltd. for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that Depaho Ltd. was incorporated in Cyprus on August 11th, 2011 and its directors are Hananel Levi, Charalampos Hatziokonomou, Aida Rizk, Petros Nakouzi, Neda Herodotou, and Marios Economou. On the company's website at www.depaho.eu, it is stated that Depaho Ltd. "operates under the brand names GTCM, FXGM and TradeApp" and, apart from Cyprus, "is also authorized by the South Africa Financial Sector Conduct Authority".

Christos Stylianides: €430K Fine Upheld By Court

Public Announcement by the Cyprus Securities and Exchange Commission that the Administrative Court upheld a decision by CySEC to impose a fine of €430,000 on Christos Stylianides for regulatory breaches involving "the Cyprus Popular Bank Public Co. Ltd.'s investment in Greek Government Bonds".

Vasilios Theocharakis: €35K Fine Upheld By Court

Public Announcement by the Cyprus Securities and Exchange Commission that the Administrative Court upheld a decision by CySEC to impose a fine of €35,000 on Vasilios Theocharakis for a regulatory breach involving "the Cyprus Popular Bank Public Co. Ltd.'s investment in Greek Government Bonds".

Atlas Capital Financial Services Ltd.: €160K Fine

Public Notice by the Cyprus Securities Exchange Commission that it has imposed a fine of €160,000 on Atlas Capital Financial Services Ltd. for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that Atlas Capital Financial Services Ltd. was incorporated in Cyprus on December 6th, 2007, is in the process of being struck off, to which an objection has been made and that its directors are Aleksandar Krtinic, of Serbia; Ljiljana Dragicevic, of Montenegro; Petar Gazivoda, of Cyprus; Dusko Knezevic, a citizen of Montenegro, and Zinon Ypsaridis.

Petar Gazivoda et al: Disqualifications

Public Notice by the Cyprus Securities Exchange Commission that it has temporarily disqualified Petar Gazivoda, of Cyprus; Dusko Knezevic, of Montenegro; Aleksandar Krtinic, of Serbia, and Ljiljana Dragicevic, of Montenegro, "from exercising professional activity related to the financial sector" for conduct regarding Cyprus-based investment firm Atlas Capital Financial Services Ltd.

Prior Capital Cy Ltd.: €100K Settlement

Public Notice by the Cyprus Securities and Exchange Commission that "executive Board Members" Konstantin Yasnov, Vladimir Zalogin, and Ekaterina Zalogina have paid €100,000 to settle a regulatory investigation into Prior Capital Cy Ltd.

TeleTrade-DJ International Consulting Ltd.: €120K Settlement

Public Notice by the Cyprus Securities and Exchange Commission that TeleTrade-DJ International Consulting Ltd., whose website states that it operates as an investment firm and forex broker, has paid €120.000 to settle a regulatory investigation. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that TeleTrade-DJ International Consulting Ltd. was incorporated in Cyprus on September 1st, 2010 and its directors are Nikolas Leventis, Inna Leonova, Giannakis Georgiou, and Giorgos Konstantinidis.
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