Lyoness, Lyconet, MyWorld

These companies were founded by Hubert Freidl. In many countries, Lyoness/Lyconet is already illegal and in some countries even banned as a pyramid scheme. Members are recruited with the idea of cashback, fed into the pyramid scheme and currently encouraged by myWorld’s IPO fantasies to exchange investments they have already made for worthless fake shares.

TLN instead of cashback – New technology, old problems

A cashback portal is evolving into a blockchain ecosystem. Shopping benefits are becoming liquidity pools, cashback is becoming tokens. The terms are new, but the crucial question remains the same: Who ultimately bears the economic responsibility? The TLN protocol documentation goes on for pages explaining what the project supposedly is not: not a bank, not […]

Cashback , Bitcoin and MiCA – WEXO’s European relaunch does not resolve the open questions.

The platform presents itself as a rewards app. However, wallets, crypto features, and unresolved regulatory issues have not disappeared. From Dubai to Bratislava. The crypto project has become a cashback app. At least at first glance. However, anyone reading the current WEXO documents will still encounter Bitcoin, wallets, blockchain transactions, and crypto-related functions. This raises […]

Banks: Neutral in MLM structures, merciless towards victims – a system of turning a blind eye and arbitrariness

How credit institutions simultaneously facilitate a scam and dispossess innocent people “Which is a greater crime, robbing a bank or founding one?”Brecht’s famous question seems less provocative today than sobering. Because what is increasingly becoming apparent in the European banking sector is no longer an isolated incident, but a structural failure. Banks are acting unlawfully […]

From dream salesman to business architect? – The past cannot be renamed.

Hubert Freidl’s current self-portrayal as an “economic architect” and strategic consultant seems more than just disconcerting in light of the past 20 years. This is especially true when one considers that hundreds of thousands of marketers generated hundreds of millions of euros through his systems Lyoness, Lyconet, and later myWorld , without any transparent and […]

Insolvency Update June 2026

From global corporation to bankruptcy estate? – What the current insolvency proceedings concerning myWorld and Lyconet reveal Global expansion, billions in revenue and international holdings – the insolvency administrators are now painting a completely different picture. The insolvency proceedings surrounding myWorld and Lyconet are progressing considerably slower than many affected parties would like. However, anyone […]

Dada Pey’s Next Venture: From Universe Trading through Shiiro to Sonic AI & TAG Markets

Anyone following the recent video calls from TAG Markets channels such as EXFUSION and JetUP might get the impression that a completely new era of copy trading has begun with Sonic AI and TAG Markets. JetUP presents itself as a “Digital Hub” for trading, strategies, partner programs, and community building. At the center of the […]

The MLM Recycle: Former Lyconet Giants Now Recruiting for TAGMarkets

From Lyconet to myWorld, eCredits and TAG Markets – why the same sales networks keep mobilizing communities for the next big promise Anyone who has followed the history of Lyconet, myWorld, eCredits, Safir, Zeniq, or XERA over the years is likely to experience a strong sense of déjà vu when hearing the name TAG Markets. […]