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The Rise and Fall of Wirecard
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Wirecard AG, a company once hyped as the future of German finance has become a symbol of national embarrassment. After promising to shake up the world of payments, Wirecard AG saw its stock collapse and its chief executive officer resign after 1.9 billion euros ($2.1 billion), or about a quarter of its balance sheet,
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Wirecard AG, a company once hyped as the future of German finance has become a symbol of national embarrassment. After promising to shake up the world of payments, Wirecard AG saw its stock collapse and its chief executive officer resign after 1.9 billion euros ($2.1 billion), or about a quarter of its balance sheet,
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