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Karatbars Proves Its Business Model

Bank Sitting on the Globe Surrounded by Money Symbols

These days, it is not going well for the success-spoiled Karatbars Group around the bustling boss Harald Seiz. The Federal Financial Supervisory Authority (BaFin) has prohibited the KaratBit Foundation from issuing KaratGoldCoins (KBC) in Germany. Hardly any less renowned, the German financial magazine “Handelsblatt” reported about these and other allegations. It also immediately painted a

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