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Tag: Swiss Markets

February 5, 2023

CySEC-Regulated BDSwiss Rearranged Its Domains And Business Activities!

2022 was for sure a difficult year for the BDSwiss scheme. For a few months in Q2 and Q3 2022, the CySEC-regulated German BDSwiss has not been accepting new clients. In March 2022, the German BaFin launched investigations against the offshore broker BDS Markets. In May 2022, the FCA banned BDSwiss from the UK due to its offshore activities. Our review today found that the CySEC-approved domains BDSwiss.com and EU.BDSwiss.com have been terminated. Here is an update.

June 16, 2022

Another Update: BDSwiss Still Not Accepting New Clients!

Since Mid-April 2022, the CySEC-regulated German BDSwiss has not been accepting new clients. For reporting on their offshore onboarding activities, we have been threatened several times by the BDSwiss Compliance and Legal Departments. In our re-check on 15 June 2022, BDSwiss still does not accept new clients. Catalina Pantea resigned as director in Jan 2022 , and we learned that some other key people left the company in 2019 to establish Klarpay, as regulated Swiss FinTech. The latter received a CHF3 million funding from Payabl in May 2022. Here is another update.

April 11, 2022

Attention! CySEC-regulated BDSwiss continues its illegal offshore onboarding in Europe

The BDSwiss Group d/b/a BDSwiss, Swiss Markets, and BDS Trading. These are the trading names of BDSwiss Holding Ltd, regulated by the Cyprus CySEC. The offshore entity BDS Markets, regulated by FSC in Mauritius is part of this BDSwiss Group. The FCA banned BDSwiss Group in June 2021 The German BaFin launched an investigation saying that BDS Markets has no permission to offer ist regulated services in Germany. In our review, all CySEC-approved domains were redirected to the offshore broker websites. Here is another update!

March 2, 2022

Finally! German BaFin prohibits offshore activities of CySEC-regulated BDSwiss Markets!

Swiss Markets and BDSwiss are registered trademarks of BDSwiss Holding Ltd, regulated by the Cyprus CySEC with license number 199/13. BDS Markets is part of the BDSwiss Group. The company is regulated by the Financial Services Commission (FSC) in Mauritius with License Number C116016172. The German BaFin issued a statement, saying that the offshore broker BDS Markets has no permission to offer ist regulated services in Germany. Currently, CySEC-regulated BDSwiss is no longer accepting new clients.

Swiss Billionaire Burned: Arthur Eugster’s CHF 650 Million Loss in Benko’s Collapse And The Austrian-Swiss Connections!

Swiss entrepreneur in Thurgau and coffee king Arthur Eugster has reportedly lost CHF 650 million in the collapse of Rene Benko’s Signa empire—one of the largest individual financial losses in Swiss history. As public prosecutors in Austria probe the inner circle of Benko’s fraudulent network, two familiar names from past scandals resurface: Robert Schimanko and Thomas Limberger. Both men, now linked to Benko’s foundations.

Anne Wojcicki and her 23andMe: The Bankruptcy Explained in a Nutshell

Anne Wojcicki, 52, in Palo Alto, California, is part of the US tech elite and is known for co-founding the personal genomics company 23andMe in 2006. She named the company after the 23 pairs of chromosomes in a human cell. The company experienced significant growth, reaching a peak valuation of over $6 billion after going public in 2021. Over the last weekend, the company filed for bankruptcy.

Financial Intelligence Report: Lykke Exchange Collapse

Swiss crypto exchange Lykke has collapsed following a major security breach in June 2024, resulting in the loss of approximately $22 million in customer funds. The incident led to the suspension of trading activities, bankruptcy proceedings, and significant financial losses for investors. This report analyzes the events leading to Lykke's downfall, the impact on stakeholders, and the ongoing legal actions.

Hunting Down: Background on The Arrest of Garantex Co-Founder Aleksej Bešciokov in India!

On March 13, 2025, Indian authorities arrested Aleksej Bešciokov, a Lithuanian national and alleged co-founder of the sanctioned Russian cryptocurrency exchange Garantex, in Kovalam, Kerala. The arrest followed an international law enforcement action Bešciokov now awaits extradition to Lithuania on charges of money laundering, sanctions evasion, and facilitating ransomware transactions.

Call to Whistleblowers: What Is the World Economic Council (WEC) Really Up To?

The financial world in Europe is still reeling from the collapse of Rene Benko’s Signa Group, one of the largest and most scandalous bankruptcies in European history. Amid the rubble, a curious pattern has emerged: leading figures from the World Economic Council (WEC) — including Robert Schimanko, Thomas Limberger, and their legal advisor and business partner William H. Shawn — have quietly moved into strategic leadership positions within foundations linked to Benko.