Entries by Dolphin Media Production

Systematic deception – How Josip Heit and GSB built a global crypto-fraud construct

When a company promises returns of over 20 per cent annually, you should sit up and take notice. If it also promises this through an alleged ‘staking’ in the metaverse, then it sounds very much like science fiction – or like a scam. In the case of the controversial crypto-conglomerate GSB Gold Standard Bank and […]

DAO1 and Apertum: crypto promise with deception?

From the outside, DAO1 promises a modern crypto paradise: automated trading bots, mining of its own tokens and passive income opportunities that seemingly guarantee investors financial freedom. But behind the dazzling promises of DAO1 and the Apertum Holding Limited company behind it, there is a questionable web of opacity, legal conflicts and dubious business models. […]

Lyconet, MyWorld & the media boxes: still a lot of hot air, little reality!

What began with promises of passive income, technical innovations and international success stories ends for many in frustration, financial losses and burning streaming boxes. After revisiting the topic of @Mediabox after a few months, we received numerous additional accounts from those affected. These statements cast an alarmingly clear light on the questionable practices of the […]

Blocktrade SA: Gamification, crypto dreams – and a powder keg for investors?

From the outside, Blocktrade SA looks like the next big thing in the European crypto market: a gamified trading platform, planned crypto payments in retail, an expansion towards Nasdaq. But a closer look reveals a company with shaky finances, a strategy that has changed several times and a questionable exit perspective, a case study in […]

Settlement fails: US authority accuses GSPartners of massive violations!

A planned fresh start ends in disaster: The Texas State Securities Board (TSSB) accuses GSPartners of breach of contract and deception and initiates legal action. The US state of Texas has pulled the plug: the Texas State Securities Board (TSSB) has cancelled its settlement agreement with the controversial company GSPartners (GSB). The focus of the […]

Balance Programme Reloaded: old promises, but who still believes them?

As the crisis surrounding Lyconet and myWorld continues to escalate, those in charge are visibly trying to keep the business alive. The latest Zoom call provided a prime example of the familiar mechanisms: motivation, big promises and repeated calls for action. Hubert Freidl, who has increasingly taken over the presentation of the Balance programme himself […]

ZENIQ/Safir in the sights of the judiciary – First proceedings dropped, but the reckoning is only just beginning!

An appeal to those affected: Your voice counts In the first case involving the blockchain company ZENIQ Technologies and its sales arm Safir International, Austrian authorities have been investigating allegations of embezzlement, fraud and forgery for years. Now, a key investigation against Dr Michael Ofner, former Chief Operating Officer (COO) of ZENIQ, has been dropped […]

New XPRO Partner Shiiro – Innovative Trading Tool or Classic Ponzi Scheme?

As an XPRO partner platform, the Shiiro Business Academy is marketed by its initiator Dada Pey and the XPRO bosses, led by Werner Kaiser, as a supposedly state-of-the-art learning tool. The promise: a blend of education, trading software, and AI-based tools designed to make financial markets accessible to users. However, Dada Pey’s previous business ventures […]

Ponz schemes: prohibited but often not punishable – a legal paradox

Ponz schemes are infamous: they promise high profits but are ultimately based on new deposits from participants until the system collapses and the majority lose their money. However, while they are prohibited by law in many countries, they sometimes go unpunished. How can that be? Prohibited, but only under civil law The German Unfair Competition […]