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Wirecard :) But you’re right. Mostly the normal banks and exchanges are regulated and incidence of fraud is low. A lot of that regulation is “lessons from past
by hectormalot 5y ago
Wirecard :)
But you’re right. Mostly the normal banks and exchanges are regulated and incidence of fraud is low. A lot of that regulation is “lessons from past failures”, which crypto hasn’t had yet.
- NicoJuicy 5y agoWirecard wasn't a bank/exchange either. But a payment processor. It was fraudulent though.
- NovemberWhiskey 5y agoDid any customers actually lose money over the Wirecard thing, or was it just the shareholders and lenders that lost out? I couldn't immediately find anything about customer losses.
- NicoJuicy 5y agoAs far as I know, they weren't any customer losses.