Two Arrested for Orchestrating Escape of Wirecard Exec Accused of Fraud
The collapsed financial firm had previously supplied cards to several cryptocurrency companies.
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Jan 25, 2021 at 12:46 p.m. UTC
Jan 25, 2021
Wirecard
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Wirex Taps Railsbank to Replace Scandal-Struck Wirecard as Asia-Pacific Card Provider
According to the Wirex’s announcement regarding the partnership, existing Wirex card customers in the region have already been ported to Railsbank-issued cards.
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Aug 26, 2020 at 3:27 p.m. UTC
Aug 26, 2020
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Wanted Wirecard Exec Said to Be Sheltered by Secret Service in Russia
Jan Marsalek, a former board member of Wirecard who is wanted over allegations of fraud, is reportedly being sheltered in Moscow by the biggest Russian secret service.
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Jul 20, 2020 at 8:10 a.m. UTC
Jul 20, 2020
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German Regulator Had Just 1 Person Checking Wirecard’s $3.1B Books: Report
Germany's finance and accounting agencies seem to have missed their chance to spot a $2.1 billion black hole in Wirecard's accounts.
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Jul 3, 2020 at 1:33 p.m. UTC
Jul 3, 2020
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Wirecard Fallout: Auditor EY Accused of Not Flagging $2.1B Black Hole Sooner
Following a sharp drop in the Wirecard stock price, the German shareholders' body holds EY responsible for not alerting the public sooner over the firm's accounting failures.
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Jun 29, 2020 at 12:54 p.m. UTC
Jun 29, 2020
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Crypto.com to Refund Clients as Wirecard’s Card Issuer Told to Cease Operations
Card issuer Crypto.com is refunding 100% of customer balances after the U.K. regulator ordered Wirecard Card solutions to cease operations.
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Jun 26, 2020 at 10:50 a.m. UTC
Jun 26, 2020
Crypto.com's Card Issuer Wirecard Files for Insolvency
Before Wirecard's insolvency filing, Crypto.com and TenX said customer funds were unaffected by their partner's accounting scandal.
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Jun 25, 2020 at 4:35 p.m. UTC
Jun 25, 2020
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Bitcoin News Roundup for June 19, 2020
With BTC miners HODLing, Reddit dreaming big and a crypto card issuer missing billions of dollars and drawing comparisons to Enron, CoinDesk's Markets Daily is back with anoth...
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Jun 19, 2020 at 2:20 p.m. UTC
Jun 19, 2020
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Crypto Card Issuer Wirecard Says It's Missing $2.1B in 'German Enron' Scandal
Wirecard admitted the accounting hole was roughly a quarter of the company’s total balance sheet.
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Jun 18, 2020 at 3:48 p.m. UTC
Jun 18, 2020