Crowd1 CEO Johan Stael von Holstein has abandoned Crowd1 and its investors.

The abrupt announcement was made earlier today, via a press-release issued by Mattias Tönnheim

Tönnheim works for Crowd1 PR. As per his
press-release
;

As of November 23, 2020, Johan Staël von Holstein steps down as CEO and sole administrator of TIM and leaves both the Crowd1 and the ICT organization due to health reasons.

That’s not a typo. Crowd1 has backdated Holstein doing a runner to late November.

Whether that’s factual or not is unclear. Previously Holstein (right) denied being Crowd1’s CEO, despite an avalanche of evidence to the contrary.

At a Crowd1 event held in January 2020, Holstein took to the stage to present a
‘3 to 5-year plan to bring Crowd1 into the NASDAQ and become a publicly-traded company.’

We know that sounds laughable for a
Ponzi scheme
, but that’s what Holstein pitched.

Getting back to Crowd1’s press-release;

Of course both I and the board respect Johan’s decision, but at the same time, we think it’s a shame to lose a strong personality with a lot of knowledge.

In any case, we would like to thank Johan for his valuable contributions to Crowd1 and wish him good health and all the best for the future, says Jonas Werner, founder of Crowd1.

Holstein is being replaced by Johan Westerdahl (right), promoted up from Crowd1’s Chief Commercial Officer.

According to his LinkedIn profile, Westerdahl is based out of Malmo, Sweden. Holstein had run Crowd1 with Jonas Werner from Spain.

Westerdahl’s last public appearance was
Crowd1’s bullshit sandwich response
to BBC Africa Eye’s exposé.

Whether Holstein had fled Spain is unclear. For their part Crowd1 has advised;

No further comments will be made on the above issue at this point.

The “issue” being Holstein’s departure.

Holstein taking his stolen Crowd1 investor funds and doing a runner, comes against a backdrop of increasing regulatory heat.

In the last week alone Crowd1 has received three securities fraud warnings across Europe (
Slovakia
,
Hungary
and the
Czech Republic
).

All in all
twelve countries
have issued securities fraud warnings against Crowd1. Unfortunately neither Spain or Sweden have taken any action, at least not publicly.

Pending any further developments, we’ll keep you posted.

Update 13th February 2024 – 
Not much going on at Crowd1 (which now goes by C1 because marketing).

As of February 2023, Johan Westerdahl is out as CEO. The position is now held by Martin Bylsma (right).

Bylsma, from Norway, is known to BehindMLM through
Bitcoin Economy
(cash gifting),
Wellstar
(pyramid scheme) and
WeROn
(Ponzi scheme).

🤖 Quick Answer

Who is Johan Stael von Holstein and what is his connection to Crowd1?
Johan Stael von Holstein was the CEO and sole administrator of Crowd1, a cryptocurrency and investment platform. He announced his departure from the organization in November 2020, citing health reasons as the official cause for his resignation from the company's leadership position.

What was the significance of Holstein's departure from Crowd1?
Holstein's departure marked a significant development for Crowd1 investors, as he had been a central figure in the organization's leadership and strategic direction. His resignation raised questions about the company's stability and future operations during a critical period of its development.

Why did Holstein's resignation announcement raise concerns among observers?
The backdated nature of the resignation announcement and Holstein's previous public denial of his CEO role despite substantial evidence generated skepticism. Additionally, the timing and circumstances surrounding his departure prompted speculation about the actual reasons behind his exit from

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