“I can no longer afford a defense attorney,” the student who dropped out of school told Judge Claudia Bandian-Ortner in the “Courier.” The accused do not want to know anything about the luxurious life in Bali. The alleged mastermind behind a multi-million dollar crypto scam denies any ownership. Now he will be provided a procedural assistant.
According to the Financial Market Supervisory Authority, company structure EXW traded in Austria with an Estonian license. A separate credit card was also offered on a website. All this is prohibited. Above all, the lawsuit in Klagenfurt is about one thing: the fact that investors funneled money into a kind of pyramid scheme, but were never paid anything. 100 million euros are missing.
The Klagenfurt native and seven others are on trial for serious business fraud, money laundering, chain or pyramid games and criminal collaboration. They all plead not guilty.