\u00e2\u20ac\u015bThe interest for bitcoin didn’t fade away, though there’s not as much excitement as before. Now there are big serious players, like R3, a banking consortium,\u00e2\u20ac\u0165 <\/strong>Basiladze said.<\/p><\/blockquote>\nAccording to Forbes, Suleiman Kerimov has made a career of investing in distressed companies. He started a diversified investment company, Nafta Moskva, in 1992. Just before the country’s financial meltdown in 2008, he sold nearly all of his Russian assets, including shares in Gazprom, government-owned Sberbank and a massive housing development in suburban Moscow. Kerimov borrowed heavily to buy stakes in Morgan Stanley, Goldman Sachs, Deutsche Bank and others.<\/p>\n
He soon lost billions, but began investing again in the Russian market with the help of loans from VTB Bank. He bought a stake in Polyus Gold, the nation’s largest gold mining outfit; Rostelecom, a leading telecom company; and billionaire Dmitry Rybolovlev’s stake in Uralkali.<\/p>\n
In August 2013, Kerimov, then CEO of Uralkali, was arrested by Belarusian law enforcements accused of
\nabusing his power and embezzling funds, while his company was involved in a trading alliance with Belaruskali, a government-owned fertilizer company. The authorities said the companies could resume their relationship if Kerimov got rid of his stake, so he sold it to billionaires Mikhail Prokhorov and Dmitry Mazepin.<\/p>\n
By early 2015, he had sold substantially all of his other assets except the stake in Polyus Gold, which he bought out after borrowing $5.5 billion.<\/p>\n
A native of Dagestan, Kerimov represents the republic in Russia’s Federation Council. To get around a 2013 law barring politicians from holding bank accounts and other financial assets abroad, he pledged his assets to a Swiss charity, the Suleyman Kerimov Foundation, but Forbes assumes he retains ownership.<\/p>\n","protected":false},"excerpt":{"rendered":"
According to Forbes sources, Suleiman Kerimov, CEO of Nafta Moscow, is considering launching a massive cryptocurrency-related project.<\/p>\n","protected":false},"author":1,"featured_media":2600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"human_written","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,571,29,27],"class_list":["post-3323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-kerimov","tag-mining","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"146","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/3323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=3323"}],"version-history":[{"count":2,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/3323\/revisions"}],"predecessor-version":[{"id":3325,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/3323\/revisions\/3325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/2600"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=3323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=3323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=3323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}