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Finma takes drastic action: anger curbs crypto miracle

Dafan Yusef, 21, came to Switzerland as a refugee. He made a huge fortune through cryptocurrencies and NFTs. He usually lives in the luxurious Dolder Grand Hotel in Zurich. On his wrist he wears a Richard Mille watch worth 600,000 francs. Not completely indecent, he calls himself “Switzerland’s youngest self-made billionaire”. He proves this with various documents when Blake visits him at the luxury hotel.

His big dream: one day to launch his own digital currency. But Finma, the financial markets regulator, has put a big switch in the works. Almost 24 hours before Youssef wanted to launch his cryptocurrency. Finma has now stopped this with a very temporary order. This does not suit the Iraqi refugee and his Dorney Foundation.