Mining Race / Mining Grid & ICONX in Dubai: IT licence instead of ‘crypto mining’

According to the files, Miningrid L.L.C. is duly registered in Dubai, but for IT, cloud and software services, not for crypto mining, financial services or investment products. ICONX Marketing Management L.L.C. had or has a marketing licence. Public authorisations permitting the distribution of mining packages, investments or virtual asset services are currently not apparent. Public […]

From XPASS to recovery licence – how XPro ties its buyers to internal credit balances!

A product is discontinued before it even gains a foothold! The company XPro has surprisingly announced the discontinuation of its product XPASS, just a few weeks after its launch. In a message to the ‘XPro community’, it states that, as part of a ‘strategic realignment’, it has been decided to discontinue XPASS for the time […]

VOO AG: Restructuring as a front for asset transfer?

There is little evidence of independence: commercial registers and timelines reveal contradictions between official statements and corporate reality. VOO AG recently published an official statement to distance itself from the insolvencies of the Austrian companies VOO flights GmbH and VOO Aviation Service GmbH. According to its own statement, the Swiss company VOO AG, represented by […]

The sunk cost effect: Why people stick with questionable investments

From the outside, it often seems incomprehensible: Why do people stick with projects that obviously don’t benefit them or even harm them? The answer often lies not in a lack of intelligence or information, but in a psychological phenomenon: the sunk cost effect. What is behind this effect? The “sunk cost effect” describes the tendency […]

Vision One, VOO and Copper One: No FMA approval

In response to a journalistic enquiry, the Austrian Financial Market Authority (FMA) has confirmed that none of the companies associated with VOO/Vision One, including Vision One Genossenschaft, VOO Aviation Service GmbH, VOO Flights GmbH and the Copper One project, hold an official licence to provide financial services. Similarly, none of the products offered have an […]

Backdated or legal? Dispute over service agreement puts Safir.com in a tight spot

A potential economic conflict with criminal implications is brewing in connection with the Safir.com crypto project, which is now once again occupying the Austrian judiciary. At the centre of the dispute is a controversial ‘service agreement’ (SA) which, according to several plaintiffs, was backdated in a project worth millions. The document plays a key role […]

Vision One – The legacy of Voo, Zeniq and Safir: New cooperative, old patterns?

Despite technical problems, unanswered questions and the insolvency of former companies, the Vision One project currently presents itself as a fast-growing cooperative with global ambitions. However, internal communications and new product announcements raise critical questions about its economic substance, legal classification and structural links to former crypto platforms such as Zeniq and Safir. Between a […]

Vision One & Voo Travel: Press enquiry regarding structure, regulation and connections to Zeniq/Safir

As part of journalistic research into the latest developments surrounding the Vision One cooperative and previous projects such as Voo Travel, Voo Token and Copper One, our editorial team would appreciate your answering the following questions in this open press enquiry. Public press enquiry: Dear Mr Winter, Dear Sir or Madam, The reason for this […]

VOO insolvent, BondEXone live: A dangerous new start?

While key companies in the VOO network are insolvent, the successor project ‘Vision One’ is presenting itself as an innovative cooperative with global ambitions. However, the launch of the BondEXone bond marketplace gives the impression that a highly regulated financial instrument is potentially being shifted into a regulatory grey area under the guise of cooperative […]

VOO case: Suspicion of strategic insolvency at Graz-based aviation start-up

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 […]