Mercuryo – a Russian crypto payment service provider!

Mercuryo´s SLAPP against EFRI As of 24 April 2023 the mercuryo group initiated a SLAPP –  Strategic Lawsuit Against Public Participation – against EFRI and its board members for defamation reasons. The Austrian lawyer BINDER GRÖSSWANG represented them in court. The request for a preliminary injunction related to a table

Read More »

We need efficient and effective anti money laundering enforcement in Europe!

EFRI`s open letter to the European Authorities in charge of anti-money laundering. Based on our findings of the activities of some European licensed Payment Institutions  and e-money institutions in the online  fraud industry (in specific Payvision B.V., Wirecard Bank AG, Moneynet Int LTD)  we formulated some recommendations and established an

Read More »
Supervised financial institutions facilitating scams

Supervised financial entities showing up in criminal files

Over the last decades, the world has witnessed increasingly massive cybercrime attacks across borders. These crimes are very often facilitated by supervised financial entities, crypto exchanges. With the European financial supervisory authorities being very reluctant to take decisive action against payment companies involved in fraud scams, the harm done continues

Read More »