Scarab Treasure

What is Scarab Treasure?

MFS operated as a non-bank lender—often termed a “shadow bank”—that borrowed funds from institutional investors to finance property loans for its clients.

The company experienced rapid expansion prior to its collapse, with its loan book reaching approximately £2.4 billion ($3.2 billion) by the end of 2024. Its creditors included major international financial institutions and private equity firms.

In March, courts in London and Dubai imposed a worldwide freezing order on Raja’s assets up to £1.3 billion.

What is Scarab Treasure?

Reflecting on my fateful words at EiG back in 2013, it was the entrepreneurial energy, the innovation and the excitement surrounding Bitcoin that originally drew me to it. Back then, the obsession about Bitcoin was not related to price, it was about the disruptive technology and this is what meant something to me. While a great deal has changed in Bitcoin between 2013 and now, the energy, innovation and excitement are all still there and I am looking forward to the next chapter of my career with Calvin Ayre and the Ayre Media team.

For those who wish to reach out, my contact info remains the same and my door is always open. I welcome you to come with me on this journey and I sincerely hope to see you at the next CoinGeek Conference, the ultimate meeting spot for those as excited as I am about BitcoinSV technology.

The post When one door closes, another one opens: Farewell sweet CalvinAyre.com appeared first on CalvinAyre.com.

What is Scarab Treasure?

I’m as excited about my own future as the future of poker itself and while I’m changing seats, I’ll be staying at the table.  

I’ve got chips in the game after all.  

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