Matthias Woestmann | FinTelegram News

Tag: Matthias Woestmann

October 9, 2019

Fact check: Will Envion founders really donate millions to the crypto community?

This article has originally been published on Envion Watchdog on Oct 6, 2019, and is republished on FinTelegram with the respective permission What is going..

March 29, 2019

Envion Case – Swiss Regulator FINMA Ascertains ICO Illegal Activity

In July 2018, the Swiss Financial Market Supervisory Authority FINMA initiated enforcement proceedings against Envion and its Initial Coin Offering (ICO). The investigation was completed..

December 30, 2018

The Court Cases around envion AG And Its Founders

Since the beginning of our envion EFRI initiative and in the interest of the many token holders who have entrusted us with the collection of..

Envion

December 12, 2018

ENCION CASE: DEAR MARTIN LAURENT!

I consider you to be a partly-gifted demagogue who knows how to play the social media channels. One must also admire the incredible chutzpah with..

Uncategorized

December 9, 2018

ENVION LIQUIDATION: WHY EVN TOKENS REPRESENT REDEMPTION RIGHTS

FinTelegram has regularly analysed the situation of ENVION AG in recent months. FinTelegram was presumably among the first to discuss a liquidation of ENVION AG as..

December 4, 2018

ENVION LIQUIDATION: SOME CONSIDERATIONS ON ENRICHMENT OF THE ACTORS

A Swiss court effectively ordered the liquidation of ENVION AG. The company received a lot of money in its ICO from an estimated 30,000 investors:..

December 4, 2018

THE ENVION CASE: COURT ORDERED BANKRUPTCY PROCEDURES AND LIQUIDATION

It was expected. Although the founding team around Michael LUCKOW and his TRADO GmbH fought the liquidation and bankruptcy of the Swiss ENVION AG without..

November 25, 2018

THE ENVION CAUSA: AUTHORITIES ALLEGEDLY ORDER LIQUIDATION

The German law firm CLLB represents several disappointed investors from the ENVION ICO. On 25 November 2018, CLLB partner Istvan COCRON published a status update..

November 12, 2018

ENVION CASE: FORENSIC ANALYSIS PART I – ALLEGATIONS AGAINST TRADO AND LUCKOW

Investors should not be deceived by the relative calm surrounding the ENVION case. This German-Swiss ICO is far from over for authorities, courts, and lawyers...

Envion

November 6, 2018

ENVION, WOESTMANN, APATON GROUP, AND CANADIAN BIG CONNECTION

We received some more information from ENVION investors which continue to bring light into this complicated case. Besides other activities, the journalist Matthias WOESTMANN used..

ICO Litigation

August 29, 2018

THE ENVION POLL AND THE FOUNDERS’ POLL MANIPULATION

ENVION is the 16th largest ICO of all time and has raised $100 million via its tokenized crowdfunding. Thousands of people have invested to advance..

August 26, 2018

ENVION CASE – ANALYSIS OF FIRST ICO-INVESTOR LAWSUIT

ENVION ICO is increasingly becoming a worldwide reference case for legal issues and investors protection in the context of token issuances. With a volume of..

Compliance Report: Sergey Mendeleev, Garantex, and Exved – The Rising Role of Crypto in Russia’s Sanctions Evasion Strategy

Sergey Mendeleev, a prominent figure in Russia's cryptocurrency scene, has played a central role in the establishment and operation of two key platforms—Garantex and Exved. These platforms have been instrumental in facilitating cross-border payments and crypto transactions, potentially serving as important tools for Russia’s sanctions evasion strategy. Mendeleev's growing influence in this space, coupled with Russia's evolving regulatory framework, positions him as a key player in Russia.

Russia’s New Crypto Strategy for Sanctions Evasion

Russia’s new crypto laws, allowing mining and international payments in digital currencies, are part of a broader strategy to evade Western sanctions and reduce dependence on the U.S. dollar. This move, led by the Central Bank of Russia (CBR), opens up new compliance risks for global financial institutions dealing with Russian entities. The new laws are set to take effect in September for cross-border payments and in November for crypto mining.

Secretive Cyprus Funds Used to Obscure Megayachts and Real Estate Linked to Sanctioned Russian Banker

A recent OCCRP investigation revealed that Cyprus-registered RAIFs were used to hide megayachts and real estate linked to sanctioned Russian banker Andrei Kostin. These secretive funds, managed by Inveqo, allowed clients to avoid disclosing their ownership, raising concerns about the effectiveness of sanctions and regulatory enforcement. The case highlights the challenges of ensuring transparency and preventing financial crime in the global investment landscape.

First-Ever Crypto Seizure in Scotland Under New UK Law

Crypto has undoubtedly become mainstream, particularly in the cybercrime sphere. In a first for Scottish law enforcement, £110,000 in cryptocurrency has been confiscated from John Ross Rennie following a violent robbery. Under new UK rules, police can now seize crypto assets without needing to make an arrest, highlighting a growing focus on tackling digital crime as incidents involving cryptocurrency continue to rise.

Former Lebanon Central Bank Governor Riad Salameh Charged with Financial Crimes

It was a long-expected move. The powerful former Lebanon Central Bank Governor Riad Salameh has been arrested and charged with embezzling $42 million in public funds, part of a broader $110 million fraud case. His detention comes amid ongoing domestic and international investigations into financial misconduct during his controversial three-decade tenure. In 2022, the European Union Agency for Criminal Justice Cooperation (Eurojust) froze assets worth €120 million tied to Salame.