Former Wirecard CEO Markus Braun Arrested as Scandal Regarding Missing €1.9 Billion Raises More Questions

June 23, 2020 @ 8:33 am By JD Alois |

Markus Braun, former CEO of Wirecard (WDI:DE) has been arrested by Munich authorities according to multiple reports. Braun apparently turned himself into local police as the Fintech attempts to unravel what exactly happened to the missing €1.9 billion. Last week, Wirecard halted a scheduled financial… Read More

Read more in: Fintech, Global | Tagged bafin, germany, jan marsalek, markus braun, olaf scholz, wirecard

Five European Countries Uniting to Stall Libra, Facebook’s Proposed Global Cryptocurrency

October 31, 2019 @ 3:30 am By Cali Haan |

Deputy finance ministers from France, Germany, Italy, Spain and the Netherlands have been meeting behind closed doors throughout October to devise a strategy to prevent Facebook from launching its proposed Libra cryptocurrency network among its 2.5 billion users next year. According to four sources to Politico EU,… Read More