Both the GSB and Apertum Texas fraud hearings have been delayed.

Following a
scheduling notice filed last week
, the Texas State Securities Board was set to face off against Apertum and owner Josip Heit on Tuesday April 8th.

The hearing was rescheduled sometime yesterday for May 27th and 28th. At time of publication I don’t have a reason for the delay.

It’s worth noting however that, in communication with the TSSB prior to the issued notice, Heit’s lawyers had requested the hearing be delayed to late August.

The GSB (GSPartners) fraud hearing had been scheduled for April 14th to 17th. Like the Apertum hearing, it too has been delayed to August 11th, 2025.

Both delays are to the detriment of consumers.

The GSB hearing delay has now been scheduled
81 days after
the victim claim deadline. This is of particular concern given TSSB has accused GSB of, among other things,
providing false investor data to North American regulators
.

The delayed Apertum hearing potentially provides a timeframe for Heit (right) to continue to defraud North American residents.

As alleged by TSSB, GSB allows Texas residents to access Apertum and “swap tokens … on the Apertum blockchain”.

DAO1
is the fifth reboot of Heit’s collapsed GSPartners “fraudulent investment scheme”, run on the Apertum blockchain. DAO1 and Apertum follow failed GSPartners reboots Swiss Valorem Bank, GSPro, Billionico, Auratus and GSPro+.

On a November 2024 DAO1 marketing webinar, Heit
confirmed GSPartners investors were able to migrate over to DAO1
;

For our community, they can swap from GSPro+ to DAO free of charge and access multiple industries and their products.

In violation of over a dozen securities fraud enforcement, cease and desist and desist and refrain orders issued by North American regulators, North American GSPartners investors appear able to transfer from GSPro+ to DAO1 to, as alleged by TSSB, continue to participate in the unregistered DAO1 Apertum investment scheme.

With respect to GSB and Heit allegedly providing false investor data to US regulators, an August hearing opens the door for claims administrator AliixPartners to process (and deny) victim claims based on GSB’s false data.

As of March 13th,
1501 GSPartners victim claims had been submitted
. Processing of claims is expected to begin after the May 22nd submission deadline.

Outside of the US both
Australia
and
New Zealand
have issued DAO1 fraud warnings.

GSB and Heit have failed to publicly acknowledge or respond to GSPartners and DAO1/Apertum fraud warnings issued outside of North America.

Update 9th April 2025 – 
Joe Rotunda, Enforcement Director at the TSSB, has
confirmed
the hearing delays were granted at the request of Heit’s attorneys.

Pending any further updates we’ll keep you posted.

Update 19th May 2025 – 
The upcoming May 27th and 28th Apertum Foundation hearing has been
rescheduled for June 2nd to 4th
.

Josip Heit and the Apertum Foundation Respondents have been ordered to att

🤖 Quick Answer

What are the new dates for the GSB and Apertum Texas fraud hearings?
The Apertum Texas fraud hearing, originally scheduled for April 8th, has been rescheduled to May 27th and 28th. The GSB (GSPartners) fraud hearing, previously set for April 14th to 17th, has been delayed to August 11th, 2025. A scheduling notice was filed to announce these postponements.

Why were the fraud hearings delayed?
No official reason for the delays has been publicly disclosed at the time of reporting. However, prior communications indicate that Josip Heit's legal representatives had requested a postponement to late August before the formal scheduling notice was issued.

How do these delays affect consumers involved in the cases?
The postponements extend the timeline for resolution of fraud allegations against both companies. The GSB hearing delay specifically extends proceedings

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