Ortak’s $100M Investment: A Grand Announcement with No Financial Footing?

February 22, 2025

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Another day, another flashy investment announcement. This time, Ortak claims it will pour $100 million into Ras Al Khaimah, supposedly backing real estate and strategic projects. But let’s pause for a moment; where exactly is this money coming from?

The operator of Ortak, Eventus IT Management Global INC., registered in Panama, remains a complete mystery. No public records, no financial disclosures; just a name buried in the terms and conditions of Ortak’s own website. Convenient, isn’t it?

So how will this $100M be paid?

Perhaps in FTN tokens? The very cryptocurrency they minted themselves, conveniently circulating within their own ecosystem?
Or will Fastbank in Armenia simply hand over a letter of credit or a bank guarantee? A clever way to make it look like real financing, without ever actually spending a cent?

But the real question no one dares to ask: Where do Vigen Badalyan and Vahe Badalyan get their money from?

For years, billions have been flowing through their Soft Construct empire, spanning gaming, crypto, and fintech. Yet, despite past regulatory fines and questionable transactions, nobody seems to care where the initial capital originated or how it keeps multiplying.