On March 10, prosecutors in Munich accused the former CEO of bankrupt German fintech firm Wirecard, Markus Braun, of fraud, breach of trust, falsified accounts, and market manipulation. He faces up to 15 years in prison. Initially released on bail in June 2020, Brown was re-arrested in July of that...
As we have already written, FCA suspended the Wirecard, which issues crypto cards. And because of this, thousands of users of Crypto.com’s Mco visa debit card and Tenx’s visa debit card didn't have access to their funds for some time. In its statement, FCA mentioned that they understand some...
Markus Braun, the previous CEO of the Wirecard payment organization, was arrested in Germany. Munich prosecutors confirmed Braun's arrest on Tuesday, June 23, on suspicion of inflating Wirecard’s balance sheet. Yesterday, Wirecard confirmed that the company's funds worth € 1.9 billion (almost a...
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