A 2019 €50 million deal over the BeFree/Softswiss gambling empire has spiralled into a cross-border legal war: liquidation proceedings in the BVI, a massive defamation and hacking lawsuit in Tel Aviv, and now a corporate arbitration in Vienna. FinTelegram explains the dispute that pits Softswiss founders against their Israeli–BVI investors.
An Israeli court has effectively moved the corporate heart of the CoinsPaid/Dream Finance crypto payment processor group conflict out of Tel Aviv and into Vienna arbitration, while ordering both camps to re-plead their mutual “smear campaign” allegations in far greater detail. The ruling reframes the dispute as a dual track: corporate control fight in Austria, defamation dogfight in Israel.