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Co-Founders of a Lithuanian Crypto Coin Scooped up Luxury Property While Investors Were Left in the Lurch

Summary by occrp.org
Once a darling of Lithuania’s cryptocurrency scene, the Bankera digital coin raised tens of millions but has since collapsed in value. The project’s co-founders bought a portfolio of luxury real estate using loans from a bank they owned apparently backed by funds from the crypto coin sales.

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occrp.org broke the news in on Monday, April 28, 2025.
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