Dan Bilzerian is back in Mykonos: “Not married but fat”

After a 7 week hiatus from Instagram, Dan Bilzerian is back with a post taken in Mykonos.

“Not married but fat”, the self-proclaimed ‘King of Instagram’ wrote.

Δείτε αυτή τη δημοσίευση στο Instagram.

Η δημοσίευση κοινοποιήθηκε από το χρήστη Dan Bilzerian (@danbilzerian)

Bilzerian is no stranger to the Cycladic Island, having traveled there several times, most recently in 2020, which also included a side trip to Santorini.

His post also suggests that he is not married, as was speculated after he attached an image a few months ago that suggested he was.

The 42-year-old is a Poker Player with a net worth of $320 million.

He leads Ignite International Brands Ltd., a cannabis company, which is now under investigation by the U.S. Securities and Exchange Commission (SEC).

Δείτε αυτή τη δημοσίευση στο Instagram.

Η δημοσίευση κοινοποιήθηκε από το χρήστη Dan Bilzerian (@danbilzerian)

Back in May, the SEC filed subpoenas in California seeking financial records related to the alleged fraud.

In July, the company announced its intention to go from a publicly-traded company to a private entity, which according to Business Wire, was approved in a shareholder meeting at the end of August on the same day the SEC sought a court order forcing the company to turn over documents.

The press release read in part: “At the Meeting, shareholders of the Company approved: (i) the fixing of the number of directors of the Company at five (5); (ii) the election of the five nominated directors, being Dan Bilzerian, Lester Lee, Greg Gilpin-Payne, Ralph Gilpin-Payne and Tom Bunker.”

According to The Globe and Mail, Bilzerian’s company, which traded under “BILZ-CN.” peaked in 2019 with a market capitalization of more than $750-million; however, it had dropped to approximately $170 million when it stopped trading in North America.

In a court filing, SEC staff attorney Patricia Pei alleged “possible violations of the antifraud provisions of the federal securities laws” and that uncovered information “indicates [Ignite] may have filed public financial statements that include false or misleading representations” in 2020.

However, this past week the SEC clarified by issuing a statement that it “is continuing its fact-finding investigation and, to date, has not concluded that any individual or entity has violated the federal securities laws.”