According to Odaily Planet Daily, sources revealed that due to timely bets on oil, coal, and Bitcoin, the hedge fund Ocean Leonid Investments has increased its managed assets, but saw a significant drop when its founder withdrew funds.

In the past two calendar years, Ocean Leonid achieved double-digit returns, reaching a peak of around 30% in 2022. This coincided with a boom in the commodities sector.

Ocean Leonid Investments is overseen by the mysterious commodities trader Hossein Shamkhani, registered in the UK in June 2022, and also has offices in Geneva, Dubai, and Singapore. It is known in the financial world as a proprietary firm focused on the energy sector.

According to company documents in the UK and UAE, as well as informed sources, the fund's executives include Luigi Spagna and Mahdiyar Zare Mojtahedi.