Monthly Archives: June 2020

Breaking News: Wirecard may be related to hacker attacks against critics, short-sellers, and journalists.

Breaking News: Wirecard may be related to hacker attacks against critics, short-sellers, and journalists.

The Financial Times’ findings that the German FinTech Wirecard may be related to online attacks on critics are neither new nor surprising. It is well known in the scene that the Austrian Wirecard CEO Markus Braun and his fellow board member Jan Marsalek dig deep into their pockets when it comes to keeping critics quiet through lawsuits, PR campaigns, or social media attacks.

Wirecard Office Raids – German BaFin finally moved against Markus Braun and other directors

Wirecard Office Raids – German BaFin finally moved against Markus Braun and other directors

The German watchdog took action in the Wirecard case. It didn’t really come as a surprise when Munich law enforcement agents had the offices of Wirecard‘s headquarters searched last Friday. Previously, BaFin had filed a criminal complaint against Wirecard on suspicion of market manipulation. The investigations by the public prosecutor’s office are allegedly directed primarily against Wirecard CEO Markus Braun and his fellow board members. It currently looks as if Braun’s time as CEO will soon be over.