Hashtag: #Arbitrade

Govt: ‘Will Focus On Making Strides In Fintech’

Govt: ‘Will Focus On Making Strides In Fintech’

The Government “will continue to focus on making strides in the Fintech space” and “will not be deterred by the Opposition’s myopic focus on one of the many tech companies that have incorporated in Bermuda,” the Government said. The Government also added that “there is no Memorandum of Understanding with Arbitrade, and... Read more of this article

OBA’s Scott: ‘We Deserve Answers On Arbitrade’

OBA’s Scott: ‘We Deserve Answers On Arbitrade’

“For months, we have been asking for answers to multiple questions” about Arbitrade, Deputy OBA Leader Leah Scott said, adding that “we deserve answers and we should have answers.” This follows after the most recent statement from Arbitrade which said they never closed on the purchase of Cryptobontix, which they said will now... Read more of this article

Arbitrade State Gold Shipment Added To Vaults

Arbitrade State Gold Shipment Added To Vaults

Arbitrade released another press release in which they state that “December’s shipment of gold from SION Trading FZ has been vaulted and secured in Dubai UAE” and “SION has provided $250 million in credit to facilitate these purchases on Arbitrade’s behalf.” The company, which has attracted attention since first announcing... Read more of this article

Arbitrade Takes Alleged CyberStalker To Court

Arbitrade Takes Alleged CyberStalker To Court

[Updated] People involved with the Arbitrade company have filed legal action against Ronnie Moas, seeking an injunction requiring him to “refrain immediately from stalking, cyberstalking, harassing, and threatening Plaintiffs through verbal, written, and electronic communications.” Mr Moas, the founder of Standpoint Research, was previously... Read more of this article

Column: ‘Time To Come Clean’ On Arbitrade

Column: ‘Time To Come Clean’ On Arbitrade

[Opinion column written by Michael Dunkley] After the Premier’s Question period last Friday in Parliament, Premier David Burt was forced to take the seldom used “Personal Explanation” period during the next sitting on Monday to correct a misleading answer to a question I put to him. Last Friday during the question period I asked Premier Burt what... Read more of this article

Audio: Premier David Burt On Arbitrade

Audio: Premier David Burt On Arbitrade

“There has been a lot of attention given to Arbitrade“ and some have “erroneously conflated” the Government’s approval of a licence for the company to purchase property with due diligence on digital assets, the Premier said, adding that the Government has not “approved any digital asset issued by Arbitrade” and... Read more of this article

Arbitrade, Exchange, Criticism, Meeting & More

Arbitrade, Exchange, Criticism, Meeting & More

Arbitrade has recently launched a full website which references a ‘Bermuda Block Exchange,’ the company released a statement criticizing an analyst who was a former supporter, the analyst is now strongly questioning the company’s credibility and said he is working to block them getting a licence in Bermuda, and former Premier Michael... Read more of this article

Arbitrade: ‘We Received Title To Gold Bullion’

Arbitrade: ‘We Received Title To Gold Bullion’

[Updated] According to the latest statement from Arbitrade, they have received title to gold bullion “with a current market value in excess of $10 billion.” This follows after the company announced last month that they have “completed the acquisition of the Victoria Hall Building” which “will serve as Arbitrade Ltd. Bermuda World Headquarters.” The... Read more of this article

Arbitrade: ‘We Acquired Victoria Hall Building’

Arbitrade: ‘We Acquired Victoria Hall Building’

[Updated] According to an announcement posted today [Oct 31] on Arbitrade’s website, they have “completed the acquisition of the Victoria Hall Building” which “will serve as Arbitrade Ltd. Bermuda World Headquarters.” The company announced back in July they were expecting the buy the building, and their announcement today... Read more of this article

Column: Questions, Answers, Arbitrade & More

Column: Questions, Answers, Arbitrade & More

[Opinion column written by Shadow Minister Michael Dunkley] On July 13th, the first session of Premier’s Question time took place. Among other questions asked by others, I posed questions to Premier Burt in regards to Arbitrade. It has been well documented that they are a company which has raised red flags for a number of reasons, notably, a press... Read more of this article

Arbitrade Now Listed On Registrar of Companies

Arbitrade Now Listed On Registrar of Companies

The Government’s Registrar of Companies Directory now shows a listing for Arbitrade, the start up technology firm which has been in the news lately. The listed company directors are Leonard Schutzman, Lawrence Howard Meyer, Mohammed Amin Markatia, Brent Michael Longnecker, Charles Hamlin Woodworth Jr, Daniel Francis Sweet, Jason Douglas Springett... Read more of this article

Arbitrade On Gold Bullion & ‘Vault In Bermuda’

Arbitrade On Gold Bullion & ‘Vault In Bermuda’

Saying they have made a deal with Sion Trading FZE Dubai to acquire $10 billion in gold bullion, Arbitrade said as they pay “off the gold bullion debt to Sion, the gold can be traded for the appropriate metals backing each token before being shipped to the vault in Bermuda.” This follows after the company’s recent press conference... Read more of this article

Dunkley: Arbitrade “Raises More Red Flags”

Dunkley: Arbitrade “Raises More Red Flags”

[Updated] “The announcement by Arbitrade raises more red flags than a hurricane on South Shore,” Shadow Minister Michael Dunkley said following Arbitrade’s press conference in which they made a number of statements. As Bernews reported earlier this week, the start up company held a press conference call and reportedly made a number... Read more of this article