With the recent collapse of Terra, it seems as if there are a whole lot of people that want to jump on the crypto castigation bandwagon.
It has created the perfect environment for them to point the finger at how “untrustworthy” the sector is.
However, as my old man always use to say, when you point one finger, you have 4 pointing back at you.
And that’s because some of the biggest frauds have occurred in the traditional financial system. Not only that, but they continue to happen on a mass scale and very rarely get the same amount of coverage and scrutiny as we in the crypto space do.
In my video today, I am going to tell you about one of the biggest TradeFi scandals ever. Europe’s biggest accounting scandal that saw a Fintech darling go from hero to zero in less than a month.
I am of course talking about Wirecard, a payment processing company. A company that for years had been cooking the books under the nose of a well-respected auditing firm.
A story of nefarious CEOs, missing people, and the Russian Mob.
This is a video that you just don’t want to miss!
⛓️ 🔗 Useful Links 🔗 ⛓️
Financial Times: ‘Inside The Wirecard Scandal’: https://www.ft.com/wirecard
Analysts Spotted Red Flags At Wirecard Since 2014: https://theanalyst.co.uk/press/51/the…
KPMG Unable To Identify Wirecard Funds: https://www.ft.com/content/56a2057c-b…
EY and Wirecard: ‘The Anatomy Of A Flawed Scandal’: https://www.ft.com/content/bcadbdcb-5…
Markus Braun’s Arrest: https://www.cnbc.com/2020/06/23/forme…
The Mysterious Case Of Jan Marsalek: https://www.bloomberg.com/news/articl…
Where Is Jan Marsalek Hiding Out: https://www.businessinsider.com/wirec…
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.