Crowd1 CEO Johan Stael von Holstein has deserted Crowd1 and its buyers.
The abrupt announcement was made earlier right this moment, through a press-release issued by Mattias Tönnheim
Tönnheim works for Crowd1 PR. As per his press-release;
As of November 23, 2020, Johan Staël von Holstein steps down as CEO and sole administrator of TIM and leaves each the Crowd1 and the ICT group on account of well being causes.
That’s not a typo. Crowd1 has backdated Holstein doing a runner to late November.
Whether or not that’s factual or not is unclear. Beforehand Holstein (proper) denied being Crowd1’s CEO, regardless of an avalanche of proof on the contrary.
At a Crowd1 occasion held in January 2020, Holstein took to the stage to current a ‘3 to 5-year plan to carry Crowd1 into the NASDAQ and turn out to be a publicly-traded firm.’
We all know that sounds laughable for a Ponzi scheme, however that’s what Holstein pitched.
Getting again to Crowd1’s press-release;
In fact each I and the board respect Johan’s resolution, however on the similar time, we expect it’s a disgrace to lose a powerful character with quite a lot of information.
In any case, we want to thank Johan for his worthwhile contributions to Crowd1 and need him good well being and all the very best for the long run, says Jonas Werner, founding father of Crowd1.
Holstein is being changed by Johan Westerdahl (proper), promoted up from Crowd1’s Chief Business Officer.
Based on his LinkedIn profile, Westerdahl is predicated out of Malmo, Sweden. Holstein had run Crowd1 with Jonas Werner from Spain.
Westerdahl’s final public look was Crowd1’s bullshit sandwich response to BBC Africa Eye’s exposé.
Whether or not Holstein had fled Spain is unclear. For his or her half Crowd1 has suggested;
No additional feedback can be made on the above challenge at this level.
The “challenge” being Holstein’s departure.
Holstein taking his stolen Crowd1 investor funds and doing a runner, comes in opposition to a backdrop of accelerating regulatory warmth.
Within the final week alone Crowd1 has acquired three securities fraud warnings throughout Europe (Slovakia, Hungary and the Czech Republic).
All in all twelve nations have issued securities fraud warnings in opposition to Crowd1. Sadly neither Spain or Sweden have taken any motion, not less than not publicly.
Pending any additional developments, we’ll maintain you posted.