Moshe Hogeg News
20 articles
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Crypto entrepreneur Moshe Hogeg arrested on fraud, sexual offences charges
Cryptocurrency entrepreneur Moshe Hogeg has been arrested on charges of fraud, money laundering, and sexual offences. He is also the owner of soccer club Beitar Jerusalem. Hogeg was one of eight people arrested in relation to cryptocurrency projects. The police also raided the offices of Beitar Jerusalem. Hogeg has been sued in the past for his crypto endeavors, with a recent lawsuit claiming that he founded inactive dummy companies to raise funds under false pretenses. The plaintiffs also alleged that the Singulariteam fund was used to raise funds for cryptocurrency ventures. Hogeg denies the claims and the case is ongoing.
InvestmentManagement Changes
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Hogeg bringing Bitcoin to Tel Aviv Stock Exchange via shelf company
Israeli entrepreneur Moshe Hogeg plans to acquire KMN Capital and invest NIS 20 million in the company. Hogeg aims to consolidate all his cryptocurrency activities through KMN Capital and make the cryptocurrency market more accessible to Israeli investors. Despite a recent drop, Hogeg believes that the cryptocurrency market, led by Bitcoin, will continue to climb in the coming years.
AcquisitionInvestment
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Cryptocurrency case against Moshe Hogeg dismissed in U.S. Federal court
Miami-based law firm Meland Budwick announced a court victory on behalf of Moshe Hogeg, owner of the Israeli soccer team Beitar Jerusalem and founder of cryptocurrency platform STX Technologies. The lawsuit, filed by Seattle resident Sean Snyder, accused Hogeg and STX of fraud, racketeering, breach of contract, and violation of Washington Securities laws. The court dismissed the lawsuit and stated that Snyder will not have an additional opportunity to amend the complaint. Snyder claimed to have relied on statements by Hogeg and STX when purchasing tokens on their online prediction platform, resulting in $430,000 in losses. The lawsuit had previously alleged that Hogeg misappropriated investor money. Meland Budwick expressed satisfaction with the outcome of the case.
Customers
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Moshe Hogeg sued for defrauding investors in cryptocurrency initiative Zodiac
Israeli tech entrepreneur Moshe Hogeg is facing a new lawsuit filed by three Japanese investors in the Tel Aviv District Court. The investors claim that Hogeg defrauded them in a cryptocurrency initiative called Zodiac, in which they invested $8 million. The lawsuit alleges that Hogeg misled the investors by announcing that the well-known cryptocurrency exchange Bittrex was a partner in the project, when in fact Bittrex was never involved. The plaintiffs also mention Hogegs STOX platform, which raised $33 million in 2017 and is accused of pocketing investors money. Hogeg denies the allegations, stating that the claims are groundless. The plaintiffs are represented by Prof. Avi Weinroth and Adv. Arik Megidish.
Partners
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Tech entrepreneur Moshe Hogeg pivots to the energy sector
Tech entrepreneur Moshe Hogeg invested $8 million in Delek Group, making him the biggest investor aside from Itzhak Tshuva. Hogeg now owns 2% to 2.5% of Delek Groups shares. This investment is unusual for tech entrepreneurs, as they typically invest in startups or tech companies. Despite Delek Groups debt and low bond yields, Hogeg believes in the companys ability to survive and generate value. Hogeg is the founder of venture capital fund Singulariteam and has had successes and failures in the blockchain industry. Delek Group recently completed a financing round, raising NIS 176 million ($51.6 million) out of the planned NIS 163 million ($46.8 million).
Investment
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Moshe Hogeg founding cyber co with former police chief
Israeli blockchain company Sirin Labs is expanding its activity to cybersecurity by founding a subsidiary called Sirin Cyber. The new subsidiary will focus on providing cybersecurity services to governments and enterprises. Sirin Cyber is being founded in partnership with former Israel Police senior commanders, David Cohen and Roni Ritman, who will serve as managing partners. Sirin Labs aims to become a leading player in cybersecurity by leveraging its capabilities and know-how in information security and the experience of its senior partners. Sirin Labs will continue to provide mobile services and is planning to launch a new telephone device for enterprises. The company had previously scaled back its activity and laid off employees due to a slowdown in digital currencies trading and investments.
PartnersManagement Changes
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Moshe Hogeg's TV venture to attempt raising $6m in token sale
BlockTV, a media venture owned by Moshe Hogeg, is preparing for a token listing to raise $6 million. The company plans to issue BLTV coins based on Ethereum blockchain technology. The coins will be listed for trading on the Bittrex Global cryptocurrency exchange. BlockTV aims to expand its coverage beyond blockchain and cryptocurrency industries and plans to launch studios in New York and Asia. The company hopes to use the digital currency for advertising, subscriptions, and other services on its platform. The token sale is seen as a marketing move to attract external investors. BlockTV has invested several million dollars in its operations and sees potential for growth.
Investment
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New Lawsuit Alleges Crypto Entrepreneur Moshe Hogeg Misled Investors
Israeli blockchain entrepreneur Moshe Hogeg is facing a NIS 6 million ($1.7 million) lawsuit filed by two U.S. businessmen. The lawsuit accuses Hogeg of providing fraudulent and misleading information that led the plaintiffs to invest in his now-defunct company, Mobli. Hogeg allegedly misrepresented commitments from billionaire Carlos Slim and actor Leonardo DiCaprio, as well as the companys preparation for a Nasdaq IPO. The plaintiffs claim that they would not have invested in the company if not for these false representations. Hogeg is the co-founder of Sirin Labs and the chairman of LeadCoin. He has yet to receive the complaint.
Investment
Tel Aviv Court Gives Moshe Hogeg 30 Days to Settle $4M Lawsuit
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Founder of Sirin Labs, Moshe Hogeg lost a "significant" amount in bitcoins - Coinatory
Moshe Hogeg, the founder of Sirin Labs, lost a significant amount of bitcoins while attempting to make a cryptocurrency transaction. He contacted an OTC-service for cryptocurrency trading and communicated with a seller of Grin coins through Telegram. Despite some doubts, Hogeg sent his bitcoins to the sellers specified address but never received the Grin coins. The exact number of bitcoins lost is undisclosed. This incident highlights the prevalence of bitcoin fraud and serves as a cautionary tale for cryptocurrency users.
CustomersPartners
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Israeli Blockchain Entrepreneur Moshe Hogeg Says He Was Victim to a Digital Coin Sting
Israeli blockchain entrepreneur Moshe Hogeg fell victim to a digital coin sting involving the GRIN digital coin. He attempted to buy GRIN coins in an over-the-counter (OTC) transaction, but a large sum was stolen from him. Hogeg warned others to avoid OTC transactions and opt for regulated exchanges. Hogeg is the co-founder of cryptocurrency smartphone company Sirin Labs and the chairman of LeadCoin. Both companies issued tokens that were hit hard by the downturn in the crypto market. Hogeg had previously bought $19 million worth of real estate in Israel, partly paying in bitcoin.
Customers
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Moshe Hogeg in legal tangle over acquired company
Blockchain entrepreneur Moshe Hogeg, owner of Beitar Jerusalem, is involved in a legal dispute with 17 shareholders in AnyOption Holdings (AOH), a binary options company. The shareholders accuse Hogeg of fraud and theft, claiming that he covertly removed assets from the company, making it insolvent. The shareholders have petitioned for a liquidation order against IDC Investdotcom Holdings, the Cypriot company that acquired AOH. Hogeg denies the allegations and accuses the shareholders of exploiting Israeli courts. The shareholders also allege that Hogeg stole shares in STX Technologies, which were supposed to generate $15 million for IDC. The liquidation petition claims that IDC is insolvent and unable to pay its debts. Hogeg is a technology entrepreneur and the owner of Beitar Jerusalem football club.
Acquisition
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Tel Aviv University To Establish First Blockchain Research Institute
Entrepreneur Moshe Hogeg has partnered with Tel Aviv University to establish the Hogeg Institute for Blockchain Applications. The institute aims to promote research and knowledge dissemination in the field of Blockchain technology applications. Hogeg has donated NIS 7 million ($1.9 million) to open the facility. The institute will collaborate with industry leaders and academics, offer masters level courses, and host conferences. The establishment of the institute is seen as a positive growth opportunity for Sirin Labs. Sirin Labs recently announced its partnership with FIH Mobile to manufacture the Finney smartphone, the worlds first Blockchain-enabled smartphone.
PartnersInvestment
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New Beitar owner says 'religion' no longer a factor in signing players
The new owner of the Beitar Jerusalem soccer club, Moshe Hogeg, rejects claims that the club is racist and suggests that it could sign an Arab player for the first time. Hogeg states that religion will no longer be a factor in the choice of players and that merit alone will be considered. The club, which has its roots in the right-wing Beitar movement, has never fielded an Arab player. The clubs hardcore fans, known as La Familia, have been involved in racist violence and anti-Arab protests in the past. The club has been trying to change its image and received an award for its efforts to tackle racism last year.
Customers
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Blockchain Entrepreneur Moshe Hogeg Agrees to Buy Jerusalem Football Club, Report Says
Israeli blockchain entrepreneur Moshe Hogeg has agreed to buy the Beitar Jerusalem Football Club for approximately $7 million (NIS 26.5 million). Hogeg and the current owner of Beitar Jerusalem, Israeli businessman Eli Tabib, had signed a memorandum of understanding. The acquisition is a growth-positive move for Moshe Hogeg.
Acquisition
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Sirin Labs Co-Founder Moshe Hogeg Buys Israeli Real Estate-in Bitcoin
Israeli entrepreneur Moshe Hogeg, founder of Sirin Labs, has purchased $19 million worth of real estate in Israel, paying part of the sum in bitcoin. The purchase was confirmed by Hogegs legal representation. Sirin Labs, known for its blockchain-based phone, raised $157.8 million in an ICO in December. The company announced a pivot to blockchain technology and plans to develop a new phone called FINNEY. In March, Sirin Labs was reportedly in talks with Huawei about developing a device that supports blockchain-based applications.
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The entrepreneur who made a crazy $16,000 smartphone now wants to build a $999 blockchain phone
Sirin Labs plans to raise $100 million to fund the development of a smartphone and a PC that will run on the blockchain. The devices, called Finney, will be secure open source consumer electronics. Sirin Labs will issue a new cryptocurrency and sell it to investors to raise the necessary funds. The company aims to raise $50 million to build the phone and an additional $25 million to develop Shield OS for OEMs. The founder and CEO of Sirin Labs, Moshe Hogeg, is bullish on blockchain and plans to invest in Israeli blockchain startups. Sirin Labs is also open to working with other phone manufacturers to promote the adoption of Finney.
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'It's underhyped': An investor explains his crazy promise to invest in every Israeli blockchain startup
Moshe Hogeg, the entrepreneur behind messaging app Yo!, photo-sharing firm Mobli, and phone startup Sirin, has promised to invest in every Israeli blockchain startup that approaches him for investment. Hogeg plans to invest personally, rather than through his VC firm Singulariteam. He believes that blockchain technology is underhyped and wants to promote the industry in Israel. Hogeg points to insurance as a potential industry that could be revolutionized by blockchain technology. He has also partnered with Blockchain IL and CoinTree Capital to form a blockchain and ICO consultancy called Alignment.
InvestmentPartners
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https://www.bloomberg.com/news/articles/2016-12-05/israel-s-startup-hype-master-faces-his-toughest-test-yet
Moshe Hogeg, a 35-year-old entrepreneur, is known for his various startup ventures and his ability to attract investments from high-profile individuals. His newest product is computerized glasses that aim to provide relevant information to users. Hogeg hopes that his startup will succeed where Google and other companies have failed in the past.
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http://www.jpost.com/Magazine/Moshe-Hogegs-secret-formula-for-success-383013
The article discusses the success and growth of Moshe Hogeg, the founder and CEO of Mobli, a mobile photo- and video-sharing website. Hogeg started with a small investment and managed to raise significant capital from high-profile investors. The article highlights Hogegs entrepreneurial drive and his strategic decision-making. It also mentions the companys focus on acquiring a large user base before generating revenue. The article discusses Moblis vision for the future and its plans to ensure people worldwide can take pictures regardless of the app they use. It also mentions Hogegs investments in other ventures and his connection with foreign investors. Overall, the article portrays Hogeg as a talented and successful entrepreneur with a strong focus on growth and innovation.
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