Latest news with #Dinari
Yahoo
10-04-2025
- Yahoo
Police in Bahamas say Maryland man found dead on resort beach drowned
The Brief A 23-year-old from Bowie, Maryland, was found dead on a private resort beach in the Bahamas last week. Bahamian authorities announced on Wednesday that an autopsy revealed the man drowned to death. His family remains skeptical and believes foul play was involved, saying he appeared to have been beaten. PARADISE ISLAND, Bahamas - A Bowie family is searching for answers after their son died during a family vacation at a popular resort in the Bahamas. Now, Bahamian police are saying the man drowned to death but his family is deeply skeptical of the medical examiner's findings. The mother of 23-year-old Dinari McAlmont has been outspoken since her son was found dead — just 12 hours after the family arrived at the Atlantis Paradise Bahamas resort in Nassau. What they're saying Speaking to Eyewitness News Bahamas, Michelle McAlmont said when she went to identify the remains of her child, his face was "traumatized" and he appeared beaten to death. She said the same in an exclusive interview with FOX 5's Shomari Stone Tuesday night, before the cause of death had been announced. "When I looked at the photo they showed me, my son was beaten," she said through tears. "I need justice for my baby. I need justice." Now, Dianari's parents are outraged after hearing that police in the Bahamas are saying "foul play is not suspected at this time." The Bahamian police said in a statement that "a post-mortem examination was performed, and the pathologist's findings revealed that the deceased died as a result of drowning." Michelle McAlmont vehemently disagrees. "There is foul play," she told FOX 5. "Because of all the bruises and you can see when somebody is abused and hit at, yes, and that is why I am saying that." The backstory Dinari and his parents left their Bowie home on Friday, headed to the Bahamas for a family vacation. They arrived at the Atlantis Paradise Bahamas resort that evening and the family says Dinari decided to explore the resort around 8:45 p.m. They say hours later, staff members inquired about Dinari's whereabouts. Dinari's parents looked, and said the location sharing service on his phone was inactive and the Bahamian police showed up. "The police said that they were looking for him because, apparently, he had spat on some staff in a restaurant," Michelle McAlmont said. But she says she could not confirm that allegation. She and her husband searched the resort and made a missing person's flier. They say police came back early Saturday morning, saying Dinari was dead, his remains found on the resort's private beach. FOX 5 reached out to the Atlantis Resort and they responded, saying, "We are deeply saddened by the passing of one of our thoughts and condolences are with the guest's family and loved ones during this difficult time. This is an active police investigation and we are fully cooperating." What's next The Bahamian police say they're waiting for the forensic toxicology analysis and that the death investigation will continue. Dinari's parents want police to release all the surveillance video that they believe may show what led up to their son's death. "I would expect nothing more than a full and thorough investigation," Michelle McAlmont said. The McAlmont family says they have hired a lawyer who specializes in international relations.
Yahoo
09-04-2025
- Yahoo
Heartbroken family demands answers after Maryland man found dead in Bahamas
The Brief A 23-year-old man from Bowie, Maryland, was found dead in the Bahamas Saturday. His family alleges that he was beaten to death, although officials have not confirmed this. FOX 5 has reached out to the Bahamian authorities and the resort. We're awaiting their response. WASHINGTON - A Bowie family is searching for answers after they say their loved one died while on vacation in the Bahamas. They believe the circumstances surrounding his death are suspicious. According to the family, 23-year-old tourist Dinari Mcalmont died 12 hours after landing in the Bahamas with his parents. His lifeless body was reportedly found Saturday morning on the shoreline of Paradise Island near Nassau. What we know Mcalmont's family left their Bowie neighborhood on Friday and they were supposed to return on Monday. Instead, Dinari's parents remain on the island and Dinari is reportedly dead. In an emotional interview, mom Michelle McAlmont told Eyewitness News Bahamas that when she identified the remains of her 23-year-old son, his face was "traumatized" and he appeared beaten to death. "They beat my son down in the sand," she said, noting that his hair was full of it. "I need justice for my baby. I need justice." Authorities are reportedly waiting for the postmortem examination before providing more information to the public. The backstory FOX 5 was told the family was staying at the Atlantis resort and Dinari left his parents during dinner to grab a coat and explore the resort. Family members say hours later staff members came to the parents' room inquiring about Dinari's whereabouts. When they discovered his location-sharing services went inactive, Dinari's parents reportedly searched the resort. Family members say when they didn't find him, they made a missing person's flier. Resort staff returned to Dinari's parents' room again to tell his parents he was dead. What's next FOX 5 has reached out to the Bahamian authorities and the resort. We're awaiting their response. Bahamas news station Eyewitness News reports authorities are not classifying this case as a murder and an autopsy is underway. The family tells us they are searching for an attorney who specializes in international relations. The Source Family of Dinari Mcalmont, Eyewitness News Bahamas
Zawya
07-04-2025
- Business
- Zawya
Fasset, Own and Dinari tokenize $1bln in U.S. equities for global investors
Largest-ever tokenization of U.S. equities, with access to nearly 100 blue-chip stocks including NVIDIA, Tesla, and Apple Own, in partnership with Fasset, will distribute the tokenized equities to major high-growth markets globally Dubai, UAE — Own and Dinari today announced a partnership to bring $1 billion worth of U.S. equities on-chain, increasing the current tokenized equities market by more than 66x by the end of 2025. Dinari's tokenized securities platform provides global access to U.S. public markets and will be distributed through Fasset's licensed entities in the UAE, Indonesia, Malaysia, the EU, Turkey, Pakistan, and elsewhere, greatly expanding access to US equities for growing investor segments around the world. Backed by Fasset, Own is the first Ethereum Layer 2 protocol built for the creation, management and distribution of tokenized real-world assets (RWAs). Dinari's technology simplifies the issuance and distribution of fully-backed tokenized assets, offering access to over 100 stocks, ETFs, and REITs, including MSTR, TSLA, NVDA, SPY, META, AAPL, GOOGL, MSFT, and AMZN. "U.S. equities have created trillions in wealth, but for most of the world, they remain effectively out of reach,' said José Fernando Pereira, Executive Director of Own. 'This partnership creates direct access to these markets for global investors without the premium fees and extra steps that have limited participation.' Borderless Finance on Own Own is incubated by the Own Foundation in partnership with Fasset, holding the largest portfolio of regulatory licenses and authorizations in high-growth markets. With Fasset's support, Own has: Full permission to distribute and market virtual assets in rising economies. Local banking rails for seamless transactions. Fiat on/off-ramp infrastructure. Established trust with local regulators and central banks. For investors in high-growth markets, the impact is transformational. Traditionally, access to U.S. equities from places like Jakarta or Karachi has involved substantial barriers: high fees, large minimum investments, and multi-day settlement times. Through this partnership, investors can access fractional shares with lower fees, minimal entry barriers, and near-instant settlement, unlocking U.S. markets in ways that were previously out of reach. 'Tokenized real-world assets are one of the most in-demand digital asset use cases globally,' Mohammad Raafi Hossain, CEO and Co-Founder of Fasset, said. 'We have already seen growing investor demand for these high-quality, compliant assets, and this partnership will fuel greater liquidity and market depth for tokenized assets.' This follows a +1,000% month-on-month increase in tokenized US equities transactions on Fasset, driven by one of the largest on-chain equity settlements to date via Arbitrum and Dinari. The equities tokenized by Dinari on Own will be available for trading in conjunction with Own's mainnet launch in Q4 of 2025. 'Dinari dShares enable investors around the world to access U.S. public markets without ever having to leave their preferred ecosystems and applications,' Gabriel Otte, Co-Founder of Dinari added. 'We're thrilled to partner with Fasset and Own Chain to deliver value to investors and grow the tokenized asset space together.' -Ends- Notes: * According to a March 2025 Keyrock report, The Great Tokenization Shift: 2025 and the Road Ahead, the estimated total for tokenized equities is currently $15 million. About Fasset Fasset is a digital asset platform focused on enhancing financial inclusion in emerging markets, enabling individuals and businesses to securely invest from anywhere in the world. In 2024, Fasset introduced Own, its Ethereum Layer 2, designed to expand access to decentralized finance globally. Founded by Mohammad Raafi Hossain and Daniel Ahmed, Fasset has raised $26.7 million in funding and holds regulatory approvals in several countries, including the UAE, Indonesia, Malaysia, the EU, Turkey, Pakistan, and others, for offering tokenized assets. For more information, please visit About Own Own is an Ethereum Layer 2 (L2) blockchain, backed by Fasset in partnership with the Own Foundation. Built on Arbitrum, Own bridges global asset owners with investments in high-growth markets. By enabling tokenized investments in gold, real estate, stocks, and other financial instruments, Own lowers barriers to entry and expands financial inclusion. Backed by Fasset, holder of the largest portfolio of regulatory licenses in emerging markets, Own seamlessly integrates legal and regulatory compliance into its infrastructure through adaptable smart contracts. This ensures a developer-friendly environment and supports the global adoption of real-world asset (RWA) projects. The Own Foundation, governing the interests of all Own token holders, is committed to onboarding 30 million asset owners onto the blockchain by 2030, driving financial empowerment in emerging economies. About Dinari Dinari's mission is to enable investing in anything from anywhere through its blockchain-based tokenization technology. With Dinari, financial institutions and fintech companies can offer their customers seamless access to U.S. public markets through Dinari's fully backed dShares, or tokenize their own products to reach more investors around the world. With intuitive, turnkey integration, Dinari makes it easy to remain at the forefront of financial technology. Dinari is a Registered Transfer Agent with the United States Securities & Exchange Commission (Section 17A(c)). Visit to learn more.
