Category: BaFin

  • Wirecard Insolvency Administrator Considers Forgeries Proven!

    Wirecard Insolvency Administrator Considers Forgeries Proven!

    Michael Jaffé has tried to trace the disappearance of €1.9 billion at Wirecard. He found no evidence of corresponding transactions. In a status report, he comes to a clear conclusion. According to new findings by insolvency administrator Michael Jaffé, Wirecard’s business with alleged partners in Asia was wholly fabricated.

  • Bafin Chief Sees No Risk Of Contagion From U.S. Bankruptcy Turmoil!

    Bafin Chief Sees No Risk Of Contagion From U.S. Bankruptcy Turmoil!

    The German Federal Financial Supervisory Authority (Bafin) is not very concerned about the bank failures in the U.S. for the German financial market.

  • Bafin Chief Mark Branson Wants A Tough Regulation For Crypto But Not To Kill It!

    Bafin Chief Mark Branson Wants A Tough Regulation For Crypto But Not To Kill It!

    The public has lost confidence in the crypto space. The collapse of the crypto exchange FTX deals another blow to the market for Bitcoin and Co. In the industry, there is talk of crypto winter and crypto contagion. Bafin boss Mark Branson would prefer to “extend regulation to all areas”. However,…