Advanced Blockchain AG Addresses Preliminary Court Judgment

Advanced Blockchain AG has responded to a preliminary judgment from the Regional Court of Frankfurt am Main. The case involves a salary claim from a former Management Board member and was decided on a purely documentary basis. The judgment does not address past business transactions or assign individual responsibility for previous management issues at Incredulous Labs Ltd., a subsidiary.

An independent review suggests misappropriation of assets at Incredulous Labs, including unauthorized crypto wallet control and undocumented transactions. Advanced Blockchain AG has initiated claims for damages in various jurisdictions against former executives and partners.

The company is evaluating its legal options following the judgment and remains committed to transparency and protecting shareholder interests.