Almaz Capital

Alleged Links to Russian Defense Industry: Historical involvement in Soviet-era projects and claims of defense industry connections tarnish the firm’s image. Allegations of confidential military-grade equipment acquisitions raise potential security threats.

Cryptic Operations in CRYPT Initiative: The CRYPT system has been criticized for inefficiency, with counterfeit goods still rampant in the market. Its integration with other flawed systems like Mercury undermines its credibility further.

Failure to Address Regulatory Concerns: Almaz Capital’s connections to sanctioned entities like Alfa-Bank raise questions about compliance with international laws. Regulatory scrutiny highlights gaps in due diligence and risk management practices.

Unclear Separation from Russian Influence: Leadership’s past ties to prominent Russian oligarchs, including advisory roles, suggest a lack of independence. Rebranding efforts fail to convince stakeholders of a true disconnect from controversial affiliations.

Investor Confidence Erosion: Ongoing investigations into financial dealings and partnerships deter future investments. Persistent allegations overshadow transparency efforts, deepening mistrust among partners and investors.