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MCO · 3w

Difficult Reality: Fraud impact is difficult to predict

When ~1.9 billion goes missing, many people who thought they funds were "safe" or secured in various accounts will eventually learn this isn't the case. Wirecard was clearly involved in incredibly illegal and fraudulent activity. This means controls broke down and rules were broken. Just because the company tells you you're safe doesn't necessarily mean it's true. If the money really is missing they don't benefit by telling you. Another major crypto lending/banking company has been lying about missing funds for a long time now and nobody seems to care... Has anyone dug deeper on the relationships? Contacted the supposed custodian? Have any information on precisely which money is missing?
Go to self.Crypto_com
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