Markus Braun, CEO of Wirecard, left his post after it was discovered that the accountsthe company is two billion dollars short.
According to the company, the resignation of Brown occurred by mutual agreement with the supervisory board. James Freis was appointed as interim CEO of the company.
Brown resigned a day after auditors discovered a $2 billion shortfall in the company's trust accounts. At that time, the company's shares fell by 50% to ~50 euros per share.
After Braun's departure, Wirecard shares dropped by another 50% and are trading at ~25 euros.
Subscribe to ForkNews on Telegram
Based on materialswww.theblockcrypto.com
Read this:
500 Estonian crypto companies lost their licenses after money laundering scandal
Bakkt CEO Kelly Loffler Takes Georgia Senator
Community reaction to Oleg Tinkov's post about a point in the era of cryptocurrencies
Vodafone leaves the Libra project
Wirecard cryptocurrency card issuer discovered shortage of more than $ 2 billion
KyberSwap leaves EU due to new AML rules