All news on the topic: Pacific Private Bank Ltd

Vanuatu’s central bank has revoked the international licence of Pacific Private Bank (PPB) following an OCCRP and 15 min investigation, which revealed how the founders of Lithuanian crypto-finance firm Bankera acquired and used the institution to siphon funds from their investors.

Initially a standout in Lithuania’s cryptocurrency industry, the Bankera digital coin raised tens of millions but has since seen its value plummet.