Mars Finance News, on April 29, according to an investigation by OCCRP (Organized Crime and Corruption Reporting Project), three co-founders of the crypto financial technology company Bankera - Vytautas Karalevičius, Justas Dobiliauskas, and Mantas Mockevičius - are suspected of misappropriating nearly half of the $114 million raised during the 2018 ICO through their controlled bank, using the funds to purchase luxury villas on the French Riviera and in Lithuania, and issuing personal loans worth millions of euros. Despite lawyers denying fraud, the BNK token dividend promise was terminated in 2022, and the promised banking license was not realized. Currently, the fully diluted market value of the BNK token is approximately $976,000. (Cointelegraph)
Founder of crypto fintech company Bankera accused of misappropriating ICO funds to buy luxury homes
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