Let's be specific here as this may be relevant legal-wise. The point is that the Cointed people claim that they are in Hongkong being all kind of "Assistant Manager" whilst they actually live and work in Austria and have management positions in Austria. In Tezos' case it was clear that the operating "for-profit" company (and their management) is the US and the fund-raising unit (and its management) is in Switzerland. That's what is said in their white paper.

I mean, what does it tell us if people claim to have other jobs in other countries while they don't? In a public communication to potential investors? Who are the directors then of Cointed GmbH in Austria?