Marked as
Last updated - February 10, 2026
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Bankera has been hit by major investigations after raising over €100 million in a 2018 ICO, with authorities probing the founders for allegedly siphoning investor funds through an acquired Vanuatu bank and using them for luxury property and personal loans, while the BNK token collapsed in value and left investors with heavy losses.
Co-Founder
High Risk
Based on the available data, we advise consumers to avoid this Company altogether.
This advisory is based on an aggregate risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.
You are likely to be at great risk by engaging in any sort of consumer-related activity with this entity.
Medium Risk
Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.
This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.
Employment with this entity may involve moderate risks.
Based on the available data, we urge investors and bankers to avoid financial involvement with this Company.
This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.
Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.
Safe to Onboard
Enhanced Due Diligence required
Do Not Onboard
Monitor adverse media every 6 months
File SAR (Suspicious Activity Report) is warranted
Escalation to compliance committee
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Bankera’s management and affiliated entities have been subject to raids and a pre-trial investigation by Lithuanian authorities, focusing on how funds raised in their cryptocurrency offering were moved and used.
Investigations revealed that tens of millions of euros from Bankera’s 2017-2018 ICO were transferred offshore and channeled into a bank acquired by its founders, then used for loans and other purposes rather than project development.
The Reserve Bank of Vanuatu revoked the international license of Pacific Private Bank, a bank tied to Bankera’s founders, after it was allegedly used to transfer and divert investor funds into private loans and property.
Bankera raised over €100 million promising a blockchain-era bank, discounted services, and revenue-sharing for BNK token holders, but many of those commitments remain unfulfilled as the token’s value collapsed.
Public reviews and complaints from investors on platforms like Trustpilot describe feelings of betrayal, losses, and concerns about account fees and lack of promised benefits.
Regulators in Lithuania fined a company linked to Bankera for serious anti–money-laundering and counter-terrorist financing compliance failures, pointing to weak controls and risk procedures.
Regulatory and Compliance Screening
Litigation and Legal Proceedings
Reputational and Adverse Media Risks
Geographic and Jurisdictional Risk
What you see here scratches the surface
We offer reward for actionable intel
Bankera founders face raids and legal challenges over alleged embezzlement and investor losses.
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Gate reports Bankera founder accused of misusing ICO funds to buy a luxury home.
Lithuania opens pre-trial investigation into Bankera over €100M ICO token sale.
Other Red-Flags and Adverse News
Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.
Known Assets: [Real estate, investments, companies]
Suspicious Transactions
Liabilities: [Bankruptcies, defaults, debts]
Wealth Sources: [Legitimate / Unclear / High-risk]
Bank Relationships
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Business Model Assessment
All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.
3
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Highly experienced
Well-recognized name
Faced allegations of scamming others
Allegedly sold fake silver
Sued multiple times
Unregulated industry
Alarming number of complaints online
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The reports about investigations, raids, and pre-trial probes into Bankera’s management make this look more like a legal and compliance problem rather than just a failed fintech startup. When investor funds movement is being investigated by authorities, it becomes a serious financial and reputational risk. From an investor perspective, this kind of situation is exactly what people fear when investing in crypto and fintech projects.
3/5
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4/5
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