Bafin: Financial regulator officially warns against the company of a Saarland financial fraud. In the “Swarm” project, a fictional character named Ger-D advertises investments in digital art.

Gerd Krauss held a Zoom call in response to the reporting and read out a prepared statement. Among other things, he announced that he would no longer be holding any events in Germany. He will also move the headquarters of his “swarm’ to the Philippines.