Wednesday, December 28, 2016

Did Mike Tyson ring a bell?

They say nobody rings a bell at the top. But this is pretty good...


It's Mike Tyson promoting online trading platform Trade12.

What can you say? I wouldn't like to step anywhere near a ring with Iron Mike - but I would love him as a counter-party.

--

Trade12 is a bit of a black box. It is - and I am not exaggerating, owned and operated by an Estonian subsidiary of a Marshall Island company and regulated by a private company in Vanuatu.

And according to its literature it does not solicit and accept clients from USA and France.

--

Which brings me back to Iron Mike Tyson.

He is - I gather - a US citizen.

Either he trades with Trade12 (which would be illegal) or Trade12 is not "the strong choice of a champion".

I suspect the latter - in which case my fantasy of trading against Mike Tyson is - well - just a fantasy.




John

3 comments:

CrocodileChuck said...

"It is - and I am not exaggerating, owned and operated by an Estonian subsidiary of a Marshall Island company and regulated by a private company in Vanuatu". [SNIP}

Sounds like an opening sentence in William Gibson's magnum opus: https://www.theguardian.com/books/2014/jul/28/william-gibson-neuromancer-cyberpunk-books

fadewid said...

I'm shocked that a celebrity endorser does not actually use the product!

SidFinster said...

I thought that the Federal Trade Commission forbade celebrity advertising when the celebrity did not in fact use the product?

Although I suppose Mr. Tyson may be able to trade through an offshore entity, or other vehicle not readily available to the average frustrated US resident.

General disclaimer

The content contained in this blog represents the opinions of Mr. Hempton. Mr. Hempton may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Hempton's recommendations. The commentary in this blog in no way constitutes a solicitation of business or investment advice. In fact, it should not be relied upon in making investment decisions, ever. It is intended solely for the entertainment of the reader, and the author.  In particular this blog is not directed for investment purposes at US Persons.