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.

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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.

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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:

  1. "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

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

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  3. 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.

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