Konstantina Michailidou Named in Cross-Border Laundering Referral

Date: 1 May 2025 | Time: 09:00 AEST

As part of a coordinated international investigation into laundering structures linked to the MetaFiYielders fraud, 5 Sided Square Pty Ltd has initiated a formal enforcement referral naming Konstantina Michailidou, a Cypriot legal practitioner and fiduciary officer connected to multiple offshore entities.

Evidence collected across a multi-year investigation confirms Ms. Michailidou’s role as a director and signatory in corporate vehicles used to facilitate high-risk crypto payment flows, including those supporting unlicensed gaming platforms Stake.com and Roobet.com. Entities of concern include Igamez Private Ltd, Raw Entertainment Ltd, Medium Rare (Stake.com payment processor), XCM Services, and PanLegal Secretarial Services Ltd — all of which are now under regulatory review.

Supporting materials include:

• Over 842 victim wallet addresses

• 2,000+ pages of Telegram communications, including internal admissions of exposure and coordinated attempts to conceal involvement

• Verified backdated resignation filings through PanLegal

Despite these findings, no engagement or clarification has been received from Ms. Michailidou.

A full regulatory handover to MOKAS (Cyprus Anti-Money Laundering Unit) is now underway.

Further updates will reflect the actions — or inaction — of the individuals and institutions involved. This matter remains under active escalation.

5 Sided Square Pty Ltd remains committed to global enforcement alignment, transparency in offshore structures, and justice for all affected victims.