Wirecard

Mastercard Exec Accused of Money Laundering Cover-Up at Bank With Ties to Wirecard

Controversial German payments processor Wirecard — the issuer of several crypto debit cards — has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the troubled FBME bank in Cyprus. In 2014, the United States’ Financial Crime Enforcement Network had banned U.S. financial institutions from dealing with FBME …

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Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia

Wirecard chief operating officer Jan Marsalek reportedly used Bitcoin (BTC) to move funds from Dubai to Russia. Russian media outlet Kommersant reported on July 20 that Marsalek is hiding in Russia with funds that he was able to transfer there with the cryptocurrency. Per the report, Marsalek is currently in a private house near Moscow …

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Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards

Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features With over 11 Million Bitcoin.com Wallets created, we’re building new features our users need most in order to enjoy the best possible cryptocurrency experience. Our wallet’s latest features now provide seamless swaps between bitcoin (BTC), bitcoin cash (BCH), and the … read more. Renters Threaten …

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German Regulator Had Just 1 Person Checking Wirecard’s $3.1B Books: Report

Germany’s accounting watchdog reportedly had only one person checking Wirecard’s books in the months before the company admitted to the massive accounting irregularities that led to its insolvency. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. …

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Wirecard CEO Quits as Crypto Card Firm Reveals Missing $2.1 Billion Does Not Exist

80% of US and European Institutional Investors Find Cryptocurrency Appealing: Survey A new survey of about 800 institutional investors in the U.S. and Europe shows strong cryptocurrency adoption, particularly bitcoin. About 80% of institutions said they find cryptocurrency appealing, and 60% believe cryptocurrencies have a place in their portfolios. Crypto Appeals … read more. London’s …

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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 another Bitcoin news roundup. Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are …

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