Naur Baruch responds to i24NEWS investigation: "I don't wish anyone to go through what I'm going through"
Naur Baruch responded on Instagram to the i24NEWS investigation, saying he doesn't wish anyone to go through what he's experiencing. He attacked the media, claimed he financially hurt investment houses and banks, and announced his intention to establish an investment house with the lowest commissions. The investigation revealed that the address of the 'AlgoBlessed' fund in Singapore is a sushi stand.
Naur Baruch, known as the 'crypto billionaire', responded on his Instagram account to the i24NEWS investigation published last night (Monday) in the main edition, which included testimonies from his closed community. Baruch said: 'Believe me, I don't wish anyone to go through what I'm going through', and attacked the media: 'We live in a country where the media decides what will be in our lives. If the media defames someone's name - in this case, it's me'. He claimed he is fighting for the people of Israel, freedom of tefillin, and reform in the Knesset, and opened an investor community that made 'unreasonable returns'. Baruch accused that he financially hurt investment houses and banks, and that he is in the process of establishing an investment house in Israel with the lowest commissions, which will lead to the bankruptcy of existing investment houses. He added that the thought of stopping crosses his mind, but he continues for his mother's sake. In another response, he wrote that every 'taze' sent in the community hurt by hundreds of percent, and that he intends to increase the pace. The investigation was published following a previous i24NEWS exposé, in which it was discovered that the office address of his hedge fund 'AlgoBlessed' in Singapore is a small sushi stand in a mall. Simon Leviev, the 'Tinder Swindler', criticized Baruch.