
Mystery surrounds billions of euros missing from embattled German fintech firm Wirecard, a scandal that’s not only rocked its share price, but caused its billionaire CEO Markus Braun to resign. Stock in Wirecard, which serves as a middle-man for international ecommerce, has crashed almost 90% since the company admitted EY auditors had failed to trace 1.9 billion euros ($2.1 billion) last Thursday — cash that represents roughly two-third’s of the company‘s revenue from 2019. [Read: 3 tech stocks that surged in price this year — but didn’t get much attention] Today, Wirecard conceded the prevailing likelihood is that the related bank trust account balances “do…
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