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.
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‘Silence protects the wrong people – Why victims of pyramid schemes should speak up’
Many people affected by MLM and pyramid schemes are familiar with the same pattern: First, there is great disappointment when the supposedly safe investment turns out to be a pipe dream. There is complaining, and the anger over lost money is palpable. But as soon as it comes to demanding accountability or presenting evidence, many […]
eCredits in light of the Blocktrade change: What does this mean for liquidity and price?
The Blocktrade platform has entered a new phase: its acquisition by the FSR Group and the shift in regulation are causing considerable uncertainty for customers. Particularly affected are holders of eCredits (ECS), a cryptocurrency that was previously traded exclusively via Blocktrade for almost 90% of its value. It is striking, however, that Blocktrade, like myWorld […]
Voluntary or involuntary? – Blocktrade customers face forced migration
With its latest announcement in September 2025, Blocktrade officially confirmed its transfer to FSR Digital. What at first glance sounds like a regular platform change turns out, on closer inspection, to be a highly risky move for all existing investors. Withdraw or automatically agree Blocktrade is asking customers to withdraw their remaining assets by 28 […]
Between symbolism and substance – Why lawsuits against Lyconet/myWorld in Italy have little chance of success
Lawsuits are now being filed in various countries, including Spain, Poland, Italy and others. Today, we will focus on the situation in Italy. For the following assessments, we contacted an Italian law firm specialising in commercial law and had them examine the general situation; the following points summarise their basic assessment and our own analysis. […]
Between hope and liability – Why new Lyoness/Lyconet/myWorld victims should expect a review rather than repayment
NOTE: This article is expressly intended only for those victims of Lyoness/Lyconet/myWorld who have not yet taken any steps to reclaim their losses. It represents a legally non-binding assessment based on the opinions of our legal advisors. No assets, no payout The insolvency of myWorld International AG in Austria marks the provisional end of a […]
Insolvency administrators request information – we support this!
Note: This appeal is directed at all victims of Lyoness/Lyconet/myWorld who would like to contribute to the investigation. BE Conflict Management expressly points out the possibility of passing on relevant information to the insolvency administrators. Any substantial information can help to reveal responsibilities and enable further legal action. Victims can play an active role The […]
Between the eCredits crisis and BTEX speculation – Blocktrade in the shadow of myWorld’s insolvency
Why almost 90% of trading volume on Blocktrade depends on eCredits and what that means for investors who were led to the platform via myWorld/Lyconet. A striking market distribution According to data from CoinMarketCap, a single trading pair currently dominates activity on Blocktrade: eCredits (ECS/EUR) account for around 88.5% of the most recently measured trading […]