Derek Theiss and affiliated entities:

The Indigenous Nations’ Bank, or TINB

KNSiFi FINANCIAL INSTITUTION

SWISS ALPINE TRUST AG

TECHNOLOGICAL STANDARD LTD.

KiKiallus Nation

Versus Holdings

MystinGlobal

THE MYSTINFIELD GROUP, LLC

CoVidFinCon, LLC

BOLDER CREATIONS, LLC

In June 2026, the U.S. Securities and Exchange Commission (SEC) and federal prosecutors filed a massive securities fraud lawsuit against multiple individuals involved in a scheme to amassing hundreds of millions of shares of Napster Corp. (formerly Infinite Reality, Inc.).

• The Allegations: The primary scammers posed as multi-billionaire investors using forged asset documents to acquire roughly 25% of the company. They then used those fraudulent shares to secure a $1 million loan from a private lender.

• Thiess's Role: Derek Thiess, Barry Taylor, and The Indigenous Nations' Bank (TINB) were officially named by the federal government as relief defendants in the case. According to the complaint, a portion of the fraudulently obtained loan funds were funneled directly into accounts controlled by Thiess and TINB.

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26563 

TINB, which markets itself as a sovereign banking entity serving indigenous citizens and joint ventures, has faced strict pushback from recognized regulatory authorities. The Niisitapi Central Bank (NSB) issued a Global Cease & Desist Order targeting managing director Derek Thiess and TINB for operating and offering services without proper authorization.

If you are dealing with or approached by Derek Theiss or any of his cohorts either directly or operating under this name or TINB asking for investments, upfront processing fees, or cross-border fund routing, exercise extreme caution. You can track official federal updates regarding this ongoing securities case directly via the SEC Litigation Complaints Database.

REPORTING NOTICE: TiNB, KNSNIFI, KNSiFi FINANCIAL INSTITUTION, SWISS ALPINE TRUST AG, KiKiallus Nation, Derek Thiess et al. using among other addresses 4584 Barkerville highway, Quensnel, BC (V2J6Y8) Alberta, Canada,

KiKiallus Nation Orchard House 15a Market St. Telford UK TF2 6EL Representative Arihay Kaikov, Alexander Ferguson, residing at741 Ranch Road Weston Florida 33326 arihayny@gmail.com

TiNB's Technological Standards Company, Another TiNB Bank and KNSNiFi  Address  Charagua Norte Guarani Headquarters 000000 Bolivia, The indigenous Nations Bank or TiNB, a KNSN Company  has No Bank License, No Corporation within the State of SCNRFP and holds No Positions with The State of SCNRFP. Further, holds No proper bank license anywhere else.

https://caselaw.findlaw.com/court/us-10th-circuit/2081983.html 

https://www.linkedin.com/in/dthiess/details/experience/?isSelfProfile=false&vieweeProfileId=ACoAAA41htoBOmYV2f_0DVm0H0Nlhjh5aP-bOHk

One of several Addresses Used:

Street: Kalkofnsvegur 2

City: Reykjavik

State: Capital Region

Postal Code: 101

Country: Iceland (IS)

Is TINB is just a scam bank? Claiming to have “billions” in funds? The Indigenous Nations Bank (TiNB), also operating as a self-described "KNSNiFi" entity, is an online financial platform that has faced regulatory scrutiny and legal action, and should not be confused with legitimate, federally insured or chartered Indigenous-owned financial institutions.

Overview & Background

• Self-Described Identity: The Indigenous Nations Bank claims to offer depository, remittance, and trade finance services.

• Regulatory Actions: The entity and its management have been subject to enforcement and cease-and-desist actions, including a U.S. Securities and Exchange Commission (SEC) enforcement action in June 2026 involving fraud allegations tied to asset and investment claims, as well as a global cease-and-desist order issued by the Niisitapi Central Bank

https://www.tinb.is/

Extracted details

• - Phone: +1 833 846 2226, +44 1773 470047, +1 587 800 4696
• - Email: info@tinb.is
• - Company Name: The indigenous Nations’ Bank

Detected policy/contact URLs

• - Contact: https://tinb.is/contact
• - Terms: https://tinb.is/terms

Contact evidence

• - Email: info@tinb.is
• - Phone: +1 833 846 2226
• - Phone: +44 1773 470047
• - Phone: +1 587 800 4696