Advanced Blockchain: Schlammschlacht bei Deutschlands Blockchain-Pionier
Millionenforderungen, fragwürdige Geschäfte und Vorwürfe belasten die Advanced Blockchain AG. Eine Sonderprüfung sollte Klarheit schaffen. Nun könnte sie enden, noch bevor sie begonnen hat.
Frankfurt – Directors of listed companies prefer to talk about the future at shareholder meetings. Yet, during the annual meeting of Advanced Blockchain AG, a pioneer of cryptocurrency in Germany, last Thursday, little time was dedicated to this topic. Instead, open demands for millions, dubious deals, and postponed past business reports dominated the agenda.
A crisis that has lasted for four years has shaken the confidence of many small shareholders in Advanced Blockchain AG: Since the peak of the blockchain boom in 2021, the stock price has plummeted from around 17 euros to just over one euro, a decrease of more than 90 percent. At the shareholder meeting held in February for the year 2025, the shareholders initiated a special audit to review the past and restore confidence.
However, this review might be halted unexpectedly even before it begins. Among those who might benefit is Michael Geike, the Remscheid-based crypto entrepreneur, whose public persona hardly fits the accusations surrounding Advanced Blockchain AG.
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