GSB Gold Standard Banking Corporation AG, founded by Josip Heit, presents itself as a software and IT company specializing in the development and application of blockchain technology. The company has heavily marketed products such as the "G999" cryptocurrency, blockchain-based communication apps, and various high-yield investment certificates through its GSPartners and GSPro platforms. However, financial regulators in dozens of jurisdictions have issued public warnings and cease and desist orders, alleging the company is operating a massive fraudulent investment scheme, a Ponzi scheme, and conducting unauthorized banking and securities business.

Founded in

United Arab Emirates