Why international claims enforcement is often misunderstood The internet apparently has a new favorite word: “scam”. International legal proceedings taking longer than three days? Scam.Lawyers don’t work for free? Scam. International debt collection costs money? Of course, that’s another scam. Perhaps it would be more useful to first explain the difference between: to understand before […]
TagMarkets publicly advertises that client funds are supposedly insured through Lloyd’s of up to USD 1 million per investor. We inquired about the published insurance policy directly with the British insurance broker CBC UK Limited, and the answer ultimately wasn’t very surprising. CBC confirmed the existence of a real insurance policy arranged through Lloyd’s. However, […]
The insolvency surrounding the myWorld /Lyconet group is increasingly developing into a complete economic disaster with potentially explosive legal implications. A recent letter from KSV1870 now ruthlessly reveals what many creditors have likely been ignoring: claims arising from Shopping Points, cloud products, shares, and similar structures are effectively worthless in the insolvency proceedings. While there […]
Directors’ liability becomes concrete: South Africa could be the last financial anchor of the myWorld Group The insolvency surrounding the myWorld /Lyconet group is reaching a new level. The current report on the audit hearing of May 5, 2026, no longer reads like the mere winding-up of a failed cashback and referral marketing scheme. Rather, […]
At first glance, the content presented in a recent TAGMarkets update—specifically the expanded ecosystem comprising the broker, Sonic AI, and sales operations—reads like the blueprint for a rapidly growing FinTech company: higher CPA commission tiers, new broker licenses, alleged Lloyd’s insurance coverage of up to one million US dollars per account, and strategic liquidity […]
Brilliant narrative – uncomfortable reality While a new success story is being publicly touted, thousands of former participants are still struggling with the consequences of the collapse. A gap exists between the PR spectacle and the reality of insolvency, a gap that cannot be bridged with feel-good narratives. The system’s past is neither closed nor […]
It is not the insolvency that decides – but your actions now: Because whether existing claims are actually enforced does not depend on the proceedings, but on whether they are pursued in a timely and structured manner. In light of the current developments surrounding the insolvency proceedings of Lyoness, Lyconet, and myWorld, a key problem […]
We are currently receiving numerous inquiries regarding the insolvency of the myWorld /Lyconet structures. Many affected individuals expect that lost funds will now be actively tracked down and recovered. However, this assumption fundamentally misunderstands the actual role of the insolvency administrator: they are neither an investigator nor a recovery specialist , and certainly not a […]
Complex systems, slow justice? When international MLM or crypto investment schemes collapse, many victims ask the same question: Why doesn’t the state intervene sooner? Why do house searches, arrests, or charges often only occur years after the first warning signs? The answer lies less in a lack of interest on the part of the authorities […]
We would like to explain an issue that is particularly evident in the context of the current insolvency cases and which, in the opinion of our legal advisers, is of crucial importance: the limitation period and the point at which it begins to run. Watch the video for more details: A notice: This information is […]
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