/biz/ - Business & Finance

What is a SPV https://www.investopedia.com/terms/s/spv.asp
A SPV is a sub company created by a parent company to isolate financial risk.

Do an SPV's Assets and Liabilities Appear on the Parent Company's Balance Sheet?
No.
SPVs have less regulations, remove negative assets from parent company, OBSF/Off-Balance Sheet taxing, hide positive assets from authority seizure,
and protects from bankruptcy both ways.
They have been used before by Enron, nothing really changed about them even after Enron got caught.
Citadel has at least 2 of these SPV, CITADEL CEMF INVESTMENTS LTD.(Citadel CEMF SPV I Ltd.) and CITADEL CEFL INVESTMENTS LTD.(Citadel CEFL SPV Ltd.).
https://lei.report/LEI/549300202T7RBK0CEJ67
https://lei.report/LEI/549300130W1BC6B6NI15
The parent company of the CEMF is CITADEL MULTI-STRATEGY EQUITIES MASTER FUND LTD. aka Surveyor Capital Ltd. (Private Fund ID 805-8377292747) (CIK# 0001588930)
The parent company of the CEFL is CITADEL EQUITY FUND LTD. (Private Fund ID 805-8697606673) (CIK# 0001255163)
Both are located at the same famous Ugland House in the Cayman Islands:
C/O Maples Corporate Services Limited
PO Box 309
Ugland House
George Town
KY1-1104
Cayman Islands

I want to start a cryptocurrency exchange. I don't want to get tortured with a drill for my coins, so I want corporate privacy.

What's the cheapest offshore jurisdiction where I don't have to disclose ownership?