The FTX contagion is continuing to expand, with news emerging of its ties with payment system Omipay’s partner in China. Omipay is an Australian payment processor that focuses on offering paymen...
Tag: Wirecard
FTX used former Wirecard partner to process Chinese payments
Australian bank Cuscal was listed in FTX’s bankruptcy filings as one of the group’s banking partners. It was listed alongside Omipay, an Australian payments processor that focuses on offering payments...
Bitcoin Ban, Revenues, FX Analysis, Wirecard CEO and More: Editor’s Pick
Last week was busy in the financial services sector as several companies turned their numbers, along with other news pouring in from crypto and fintech companies. Finance Magnates has shortlisted some...
German Prosecutors Indict Wirecard’s Former CEO
German prosecutors from Munich filed charges against Markus Braun, former Wirecard chief executive officer, concerning the firm’s collapse in 2021. According to the report, Braun was charged with frau...
Short Seller Who Bet Against Wirecard Wagers Tesla Is Overpriced
(Bloomberg) — Fraser Perring, the short seller who accused Wirecard AG of fraud years before the German payment processing company’s collapse, is betting Tesla Inc.’s stratospheric valuation wil...