The crypto trading platform Blocktrade is coming under increasing criticism. More and more investors are expressing dissatisfaction with a lack of transparency, delayed projects and technical difficulties. A journalistic enquiry to the company has so far gone unanswered, but the list of unanswered questions continues to grow. Bluff or plan? Blocktrade had announced ambitious plans […]
The Graz-based start-up VOO launched with a vision of digital flight booking and blockchain technology. Now, two companies are facing financial ruin. But while insolvency proceedings are underway in Austria, there are indications that assets may be transferred abroad, raising concerns among some observers about the interests of investors. Double insolvency and many unanswered questions […]
With promises of quick riches, the trading academy expanded into dozens of countries. Now the US Federal Trade Commission (FTC) is suing, and thousands of investors fear they will lose their money. ‘Copy, paste & profit’ – so simple, so tempting. With slogans like these, IM Mastery Academy, now operating under the new name Iyovia, […]
According to information available to our editorial team, a direct exchange took place between Lyoness/Lyconet founder Hubert Freidl and CEO Ben Ecker at the end of May. Ecker presented a proposal that could both defuse the ongoing legal disputes and improve the tarnished image of myWorld. The aim is to find a viable solution to […]
They promise the digital revolution: Homnifi, LayerK, NodeK, CloudK, and Horysmall advertise with flashy buzzwords related to Web3, blockchain minting, and NFTs. But what presents itself as a modern investment ecosystem turns out, on closer inspection, to be a labyrinth of almost identical contracts, interchangeable company names and a cacophony of cryptic token terms. Behind […]
It was supposed to be a revolution in the aviation industry: booking private jets via an app, as easy as booking a hotel room. With this vision, the Graz-based tech start-up VOO launched with great fanfare a few years ago. Today, however, not much remains of those high-flying plans. Both companies, VOO Aviation Service GmbH […]
According to information obtained by our editorial team, the Vienna Public Prosecutor’s Office for Economic Affairs and Corruption (WKStA) is nearing completion of its investigation against Freidl and other individuals. This is expected to be finalised in summer 2025. The investigation has been delayed several times, partly due to renewed complaints. Most recently, another complaint […]
Lyconet once again invited participants to a widely advertised Zoom call. In the run-up to the event, there was talk of a ‘groundbreaking event,’ groundbreaking news and significant progress. Expectations were high. But those who followed the event closely were met with more of the same: ambitious promises, familiar platitudes and little substance. For years, […]
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