Vision.One & NOMO: New Promises Despite Insolvency

While the insolvency proceedings of the two VOO companies in Austria show no visible progress, the Vision.One cooperative has suddenly begun pushing out a wave of new “updates” and future announcements via its Telegram channels. Yet our research shows: many of the underlying issues remain unaddressed, the promises are recycled, and once again members are […]

Regulation as a façade – Tag Markets, T.M. Financials and the return of Lyconet and SAFIR/ZENIQ promoters

The expired licence as the core of the problem In an inconspicuous but legally unambiguous ‘public notice’, the Financial Services Commission (FSC) of Mauritius confirms that investment dealer licence GB21026474 was terminated on 18 March 2024. The licence belonged to Pure North Markets Ltd., was duly returned and has had no legal effect since that […]

Kastech Group International: Lots of marketing, little substance

In recent weeks, users have repeatedly contacted our editorial team with complaints about the ‘Kastech Group International’ platform. Their reports share a common pattern of unclear business structures, elusive contact persons and the impression that services are being advertised without any verifiable company background. Research by our editorial team shows: The doubts of those affected […]

Blocktrade & Banxa: More questions than answers

An announcement on 18 October 2025 points to a new partnership between Luxembourg-based Blocktrade S.A. and Australian Banxa Holdings Inc. The aim is to integrate fiat on-ramp services for EU customers. However, the synergy, which seems sensible at first glance, harbours considerable operational and reputational risks. Integration of Banxa as a payment bridge According to […]

Blocktrade remains silent – CoinMetro reveals talks have been halted

How the much-heralded partnership between Blocktrade S.A. and CoinMetro came to nothing and why this is a red flag for former myWorld International AG/Lyconet International AG marketers A few months ago, the CEO of Blocktrade caused a stir with grandiose announcements: the company wanted to organise itself as a strategic partner of CoinMetro in order […]

Homnifi: Users report lack of access to due staking funds – and growing operational uncertainties

Investors who say they have invested in Homnifi or its former brands such as WeWe Global, Lyotech Labs or Kmall are currently reporting that they are still waiting for their due payouts following platform changes and rebranding. Some of them state that their expired staking licences are now pending release and that they expect payment […]

The collapse continues – another myWorld subsidiary in the United Kingdom compulsorily liquidated

From Cashback World to myWorld International – how the British company disappears from the insolvency register and what this means for marketers The next chapter in global decline It’s official: the British company myWorld International Limited, formerly known as Cashback World Europe Limited and myWorld Europe Limited, has been in court-ordered liquidation since July 2024. […]

‘WADZ’, “Connect” & ‘Recovery Programme’: The fine print

The official Recovery Programme documentation (https://recovery-program.gitbook.io/recovery-program-docs/) promises investors that they will be able to recover previous crypto investments in Safir/Zeniq, Xera.Pro or XPRO. Who is behind it? The Recovery Programme is embedded in the Connect ecosystem, which describes itself as a ‘private hub’. Several providers are behind Connect: according to official information, the core partners […]

“Recovery or recruitment? – WADZ & Connect’s “Recovery Programme” under scrutiny

Instead of compensation: licence purchases, referral bonuses and unclear token exchange mechanisms – the “Recovery Programme” seems like the next round in the DeFi MLM cycle. From recovery to resale Anyone who wants to recover the money they lost in Safir, Zeniq or XPRO projects has been encountering a promising offer for weeks: the ‘Recovery […]

‘Deletion request instead of clarification – Hubert Freidl wants to make his public image disappear’

A request that reveals more about its sender than about freedom of the press The editorial team at BEKM.eu received a letter from Hubert Freidl, the founder and long-time head behind the corporate structures of Lyoness, Lyconet and myWorld. In his letter, Freidl demanded the complete removal of all content about him from the domains […]