Glocin/Teuron: CZ+SK investors, promised ~20% returns, bankruptcies, EU-level investigation
Startitup's reporting on the Glocin project (Teuron token): thousands of Czech and Slovak investors, millions of euros, promised returns up to 20%, funds now inaccessible, associated companies bankrupt in 2023–2024. CEO Aleš Kohoutek promoted the project on Instagram; co-founder Maroš Mikláš is described as under investigation in Slovakia and at the European level, with a prior 2007 US regulatory trading ban for fraudulent activities.
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