Company behind crypto debit cards is missing $2 billion

[Tanimariya]

Wirecard, a fintech company that operates the Crypto.com and TenX crypto debit cards, is in a massive financial hole, according to auditor Ernst & Young.
German fintech company Wirecard is in a $2 billion dollar hole.

Its auditor, Ernst & Young, has informed the company that one of the trustees for its many bank accounts reported a “spurious balance” to mislead the auditor regarding the company’s true cash balances, according to a press release.
Read more: https://decrypt.co/32781/company-behind-crypto-debit-cards-missing-2-billion