Philipp Amthor was the second youngest member of the Bundestag of all time. He sat on the supervisory board of the New York-based start-up Augustus Intelligence.

The company purported to invest in new technologies such as artificial intelligence and cryptocurrencies. The suspicion is that this was only a sham. The plaintiff wants millions of dollars in damages from AmthOr and other allegedly responsible parties, with a total of 30 million US dollars in the lawsuit. The CDU politician has described his involvement with the company as a "mistake"