{"id":5239,"date":"2024-11-15T16:33:36","date_gmt":"2024-11-15T16:33:36","guid":{"rendered":"https:\/\/crownstar.com\/crownstar\/?page_id=5239"},"modified":"2024-11-19T15:46:39","modified_gmt":"2024-11-19T15:46:39","slug":"article-3-part-2-legal-7","status":"publish","type":"page","link":"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-7\/","title":{"rendered":"Article 3 &#8211; Part 2 &#8211; Legal &#8211; 7"},"content":{"rendered":"\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-04981b5\" data-block-id=\"04981b5\"><style>.stk-04981b5 {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-04981b5-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-a0d8c1b\" data-v=\"4\" data-block-id=\"a0d8c1b\"><style>@media screen and (min-width:690px){.stk-a0d8c1b {flex:var(--stk-flex-grow, 1) 1 calc(4% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-a0d8c1b-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-a0d8c1b-inner-blocks\"><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-06df779\" data-v=\"4\" data-block-id=\"06df779\"><style>@media screen and (min-width:690px){.stk-06df779 {flex:var(--stk-flex-grow, 1) 1 calc(92.2% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-06df779-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-06df779-inner-blocks\">\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-eb7ad74\" data-block-id=\"eb7ad74\"><style>.stk-eb7ad74 {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-eb7ad74-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-907a97d\" data-v=\"4\" data-block-id=\"907a97d\"><style>@media screen and (min-width:690px){.stk-907a97d {flex:var(--stk-flex-grow, 1) 1 calc(75% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-907a97d-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-907a97d-inner-blocks\">\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-724fe6e\" data-block-id=\"724fe6e\"><style>.stk-724fe6e {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-724fe6e-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-fed3194\" data-v=\"4\" data-block-id=\"fed3194\"><style>@media screen and (min-width:690px){.stk-fed3194 {flex:var(--stk-flex-grow, 1) 1 calc(25% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-fed3194-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-fed3194-inner-blocks\">\n<div class=\"wp-block-essential-blocks-advanced-image  root-eb-advanced-image-gy6yw\"><div class=\"eb-parent-wrapper eb-parent-eb-advanced-image-gy6yw \"><figure class=\"eb-advanced-image-wrapper eb-advanced-image-gy6yw img-style-square caption-style-1 caption-horizontal-center caption-vertical-bottom bottom no-effect\" data-id=\"eb-advanced-image-gy6yw\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2024\/11\/article_3_legal_27.jpg\" alt=\"\"\/><\/div><\/figure><\/div><\/div>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-bb588d1\" data-v=\"4\" data-block-id=\"bb588d1\"><style>@media screen and (min-width:690px){.stk-bb588d1 {flex:var(--stk-flex-grow, 1) 1 calc(75% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-bb588d1-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-bb588d1-inner-blocks\">\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-0c79c1f\" id=\"wirecard\" data-block-id=\"0c79c1f\"><h4 class=\"stk-block-heading__text\">Wirecard<\/h4><\/div>\n\n\n\n<p>There is an old English proverb which says: \u2018Where there\u2019s muck, there\u2019s brass.\u2019 &nbsp;It basically means there\u2019s always money to be made from activities that are dirty or unpleasant.<\/p>\n\n\n\n<p>After the passing of UIGEA, processing online gambling payments was considered to be a dirty business and best avoided.<\/p>\n\n\n\n<p>Nevertheless, there was one payments company that would raise its head from the mirk and work out how it could benefit from the situation.<\/p>\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-dedfad4\" data-block-id=\"dedfad4\"><style>.stk-dedfad4 {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-dedfad4-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-dc6816a\" data-v=\"4\" data-block-id=\"dc6816a\"><style>@media screen and (min-width:690px){.stk-dc6816a {flex:var(--stk-flex-grow, 1) 1 calc(25% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-dc6816a-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-dc6816a-inner-blocks\">\n<div class=\"wp-block-essential-blocks-advanced-image  root-eb-advanced-image-oldp8\"><div class=\"eb-parent-wrapper eb-parent-eb-advanced-image-oldp8 \"><figure class=\"eb-advanced-image-wrapper eb-advanced-image-oldp8 img-style-square caption-style-1 caption-horizontal-center caption-vertical-bottom bottom no-effect\" data-id=\"eb-advanced-image-oldp8\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2024\/11\/wirecard_logo.png\" alt=\"\"\/><\/div><\/figure><\/div><\/div>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-97d43a2\" data-v=\"4\" data-block-id=\"97d43a2\"><style>@media screen and (min-width:690px){.stk-97d43a2 {flex:var(--stk-flex-grow, 1) 1 calc(75% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-97d43a2-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-97d43a2-inner-blocks\">\n<p>Founded in 1999, Wirecard AG would specialize in processing murky payments. It &nbsp;became extremely successful at it.<\/p>\n\n\n\n<p>At its peak, in 2018, Wirecard had become a German DAX top 30 company worth about 22 billion Euros.<\/p>\n\n\n\n<p>By 2022, it was worthless. Never before had such a valuable German stock market company fallen from grace so dramatically.<\/p>\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-f7d8597\" data-block-id=\"f7d8597\"><style>.stk-f7d8597 {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-f7d8597-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-a805009\" data-v=\"4\" data-block-id=\"a805009\"><style>@media screen and (min-width:690px){.stk-a805009 {flex:var(--stk-flex-grow, 1) 1 calc(25% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-a805009-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-a805009-inner-blocks\">\n<div class=\"wp-block-essential-blocks-advanced-image  root-eb-advanced-image-bpyri\"><div class=\"eb-parent-wrapper eb-parent-eb-advanced-image-bpyri \"><figure class=\"eb-advanced-image-wrapper eb-advanced-image-bpyri img-style-square caption-style-1 caption-horizontal-center caption-vertical-bottom bottom no-effect\" data-id=\"eb-advanced-image-bpyri\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2024\/11\/article_3_legal_10.jpg\" alt=\"\"\/><\/div><\/figure><\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-5d2a8db\" data-v=\"4\" data-block-id=\"5d2a8db\"><style>@media screen and (min-width:690px){.stk-5d2a8db {flex:var(--stk-flex-grow, 1) 1 calc(75% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-5d2a8db-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-5d2a8db-inner-blocks\">\n<h3 class=\"wp-block-heading\">Skirting the rules, somewhat<\/h3>\n\n\n\n<p>Wirecard\u2019s business model revolved around processing hard-to-code payment transactions from many industries, including the online gambling industry.<\/p>\n\n\n\n<p>Wirecard skirted the rules. It was able to get around the 7995 coding in a number of ways:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Wirecard operated its own bank so it could provide digital wallets. A customer could credit their wallet balance using a credit card. The transaction was not coded 7995, as the intention of the transaction could be for anything &#8211; not necessarily online gambling.<\/li>\n\n\n\n<li>A customer could then use their digital wallet balance to credit a third party, such as an online gambling company. This transaction would be processed exclusively by Wirecard. It could apply any code it liked.<\/li>\n\n\n\n<li>Creating a network of sub-merchants and payment companies throughout the world, Wirecard could route payment transactions via alternate accounts and used local regulations to code them with greater flexibility.<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-45376d6 stk-block-background desktop-only\" data-v=\"4\" data-block-id=\"45376d6\"><style>.stk-45376d6 {background-color:#edf7ff !important;}.stk-45376d6:before{background-color:#edf7ff !important;}@media screen and (min-width:690px){.stk-45376d6 {flex:var(--stk-flex-grow, 1) 1 calc(25% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-45376d6-container stk--no-background stk--no-padding\"><div class=\"has-text-align-center stk-block-content stk-inner-blocks stk-45376d6-inner-blocks\">\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-3b39f4f\" id=\"latest-articles\" data-block-id=\"3b39f4f\"><h5 class=\"stk-block-heading__text\">Latest Articles<\/h5><\/div>\n\n\n<div class=\"root-eb-post-grid-f9f6f wp-block-essential-blocks-post-grid\">\n    <div class=\"eb-parent-wrapper eb-parent-eb-post-grid-f9f6f \">\n        <div class=\"eb-post-grid-f9f6f style-1  eb-post-grid-wrapper\"\n            data-id=\"eb-post-grid-f9f6f\"\n            data-querydata=\"{&quot;source&quot;:&quot;post&quot;,&quot;sourceIndex&quot;:0,&quot;rest_base&quot;:&quot;posts&quot;,&quot;rest_namespace&quot;:&quot;wp\\\/v2&quot;,&quot;author&quot;:&quot;&quot;,&quot;taxonomies&quot;:[],&quot;per_page&quot;:&quot;5&quot;,&quot;offset&quot;:&quot;0&quot;,&quot;orderby&quot;:&quot;date&quot;,&quot;order&quot;:&quot;desc&quot;,&quot;include&quot;:&quot;&quot;,&quot;exclude&quot;:&quot;&quot;,&quot;exclude_current&quot;:false,&quot;ignore_sticky_posts&quot;:false,&quot;exclude_password_protected&quot;:false}\"\n            data-attributes=\"{&quot;thumbnailSize&quot;:&quot;&quot;,&quot;loadMoreOptions&quot;:{&quot;enableMorePosts&quot;:false,&quot;loadMoreType&quot;:&quot;1&quot;,&quot;loadMoreButtonTxt&quot;:&quot;Load More&quot;,&quot;alignment&quot;:&quot;center&quot;,&quot;prevTxt&quot;:&quot;&lt;&quot;,&quot;nextTxt&quot;:&quot;&gt;&quot;,&quot;totalPosts&quot;:27},&quot;showSearch&quot;:false,&quot;showTaxonomyFilter&quot;:false,&quot;enableAjaxSearch&quot;:false,&quot;addIcon&quot;:false,&quot;iconPosition&quot;:&quot;left&quot;,&quot;icon&quot;:&quot;fas fa-chevron-right&quot;,&quot;preset&quot;:&quot;style-1&quot;,&quot;defaultFilter&quot;:&quot;all&quot;,&quot;version&quot;:&quot;v2&quot;,&quot;showBlockContent&quot;:true,&quot;showFallbackImg&quot;:false,&quot;fallbackImgUrl&quot;:&quot;&quot;,&quot;showThumbnail&quot;:true,&quot;showTitle&quot;:true,&quot;titleLength&quot;:&quot;&quot;,&quot;titleTag&quot;:&quot;h3&quot;,&quot;showContent&quot;:false,&quot;contentLength&quot;:20,&quot;expansionIndicator&quot;:&quot;...&quot;,&quot;showReadMore&quot;:false,&quot;readmoreText&quot;:&quot;Read More&quot;,&quot;showMeta&quot;:false,&quot;headerMeta&quot;:&quot;[{\\&quot;value\\&quot;:\\&quot;categories\\&quot;,\\&quot;label\\&quot;:\\&quot;Categories\\&quot;}]&quot;,&quot;footerMeta&quot;:&quot;[{\\&quot;value\\&quot;:\\&quot;avatar\\&quot;,\\&quot;label\\&quot;:\\&quot;Author Avatar\\&quot;},{\\&quot;value\\&quot;:\\&quot;author\\&quot;,\\&quot;label\\&quot;:\\&quot;Author Name\\&quot;},{\\&quot;value\\&quot;:\\&quot;date\\&quot;,\\&quot;label\\&quot;:\\&quot;Published Date\\&quot;}]&quot;,&quot;authorPrefix&quot;:&quot;by&quot;,&quot;datePrefix&quot;:&quot;on&quot;,&quot;showFeaturedPost&quot;:false,&quot;featuredPostId&quot;:&quot;&quot;,&quot;showFeaturedPostTitle&quot;:true,&quot;showFeaturedPostContent&quot;:false,&quot;showFeaturedPostMeta&quot;:true,&quot;showFeaturedHeaderMeta&quot;:true,&quot;showFeaturedFooterMeta&quot;:true,&quot;featuredMetaItems&quot;:&quot;{}&quot;,&quot;featuredExcerptLength&quot;:10}\">\n\n            \n\n            <div class=\"eb-post-grid-posts-wrapper\"><article class=\"ebpg-grid-post ebpg-post-grid-column\" data-id=\"6965\"><div class=\"ebpg-grid-post-holder\"><div class=\"ebpg-entry-wrapper\"><div class=\"ebpg-entry-media\">\n                <div class=\"ebpg-entry-thumbnail\">\n                    <a class=\"ebpg-post-link-wrapper eb-sr-only\" href=\"https:\/\/crownstar.com\/crownstar\/the-three-eras-of-gambling\/\">The Three Eras of Gambling<\/a>\n                    <img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2026\/04\/article_14_1.png\" class=\"attachment-full size-full\" alt=\"\" \/>\n                <\/div>\n            <\/div><header class=\"ebpg-entry-header\">\n            <h3 class=\"ebpg-entry-title\">\n                <a class=\"ebpg-grid-post-link\" href=\"https:\/\/crownstar.com\/crownstar\/the-three-eras-of-gambling\/\" title=\"thethreeerasofgambling\">The Three Eras of Gambling<\/a>\n            <\/h3>\n        <\/header><\/div><\/div><\/article><article class=\"ebpg-grid-post ebpg-post-grid-column\" data-id=\"6894\"><div class=\"ebpg-grid-post-holder\"><div class=\"ebpg-entry-wrapper\"><div class=\"ebpg-entry-media\">\n                <div class=\"ebpg-entry-thumbnail\">\n                    <a class=\"ebpg-post-link-wrapper eb-sr-only\" href=\"https:\/\/crownstar.com\/crownstar\/the-industry-creates-itself\/\">The Industry Creates Itself<\/a>\n                    <img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2026\/02\/article_13_1.jpeg\" class=\"attachment-full size-full\" alt=\"\" \/>\n                <\/div>\n            <\/div><header class=\"ebpg-entry-header\">\n            <h3 class=\"ebpg-entry-title\">\n                <a class=\"ebpg-grid-post-link\" href=\"https:\/\/crownstar.com\/crownstar\/the-industry-creates-itself\/\" title=\"theindustrycreatesitself\">The Industry Creates Itself<\/a>\n            <\/h3>\n        <\/header><\/div><\/div><\/article><article class=\"ebpg-grid-post ebpg-post-grid-column\" data-id=\"6857\"><div class=\"ebpg-grid-post-holder\"><div class=\"ebpg-entry-wrapper\"><div class=\"ebpg-entry-media\">\n                <div class=\"ebpg-entry-thumbnail\">\n                    <a class=\"ebpg-post-link-wrapper eb-sr-only\" href=\"https:\/\/crownstar.com\/crownstar\/us-marketing-survivor-and-social-betting-systems\/\">US Marketing, Survivor and Social Betting Systems<\/a>\n                    <img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2026\/02\/article_12_1.jpg\" class=\"attachment-full size-full\" alt=\"\" \/>\n                <\/div>\n            <\/div><header class=\"ebpg-entry-header\">\n            <h3 class=\"ebpg-entry-title\">\n                <a class=\"ebpg-grid-post-link\" href=\"https:\/\/crownstar.com\/crownstar\/us-marketing-survivor-and-social-betting-systems\/\" title=\"usmarketingsurvivorandsocialbettingsystems\">US Marketing, Survivor and Social Betting Systems<\/a>\n            <\/h3>\n        <\/header><\/div><\/div><\/article><article class=\"ebpg-grid-post ebpg-post-grid-column\" data-id=\"6740\"><div class=\"ebpg-grid-post-holder\"><div class=\"ebpg-entry-wrapper\"><div class=\"ebpg-entry-media\">\n                <div class=\"ebpg-entry-thumbnail\">\n                    <a class=\"ebpg-post-link-wrapper eb-sr-only\" href=\"https:\/\/crownstar.com\/crownstar\/my-journey-into-the-world-of-sportsbook-software\/\">My Journey Into The World Of Sportsbook Software<\/a>\n                    <img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2025\/09\/article_11_0.jpg\" class=\"attachment-full size-full\" alt=\"\" \/>\n                <\/div>\n            <\/div><header class=\"ebpg-entry-header\">\n            <h3 class=\"ebpg-entry-title\">\n                <a class=\"ebpg-grid-post-link\" href=\"https:\/\/crownstar.com\/crownstar\/my-journey-into-the-world-of-sportsbook-software\/\" title=\"myjourneyintotheworldofsportsbooksoftware\">My Journey Into The World Of Sportsbook Software<\/a>\n            <\/h3>\n        <\/header><\/div><\/div><\/article><article class=\"ebpg-grid-post ebpg-post-grid-column\" data-id=\"6556\"><div class=\"ebpg-grid-post-holder\"><div class=\"ebpg-entry-wrapper\"><div class=\"ebpg-entry-media\">\n                <div class=\"ebpg-entry-thumbnail\">\n                    <a class=\"ebpg-post-link-wrapper eb-sr-only\" href=\"https:\/\/crownstar.com\/crownstar\/podcast-the-gambling-files\/\">Podcast &#8211; The Gambling Files<\/a>\n                    <img loading=\"lazy\" decoding=\"async\" width=\"305\" height=\"191\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2025\/08\/podcast_3.png\" class=\"attachment-full size-full\" alt=\"\" \/>\n                <\/div>\n            <\/div><header class=\"ebpg-entry-header\">\n            <h3 class=\"ebpg-entry-title\">\n                <a class=\"ebpg-grid-post-link\" href=\"https:\/\/crownstar.com\/crownstar\/podcast-the-gambling-files\/\" title=\"podcast-thegamblingfiles\">Podcast &#8211; The Gambling Files<\/a>\n            <\/h3>\n        <\/header><\/div><\/div><\/article><\/div>        <\/div>\n    <\/div>\n<\/div>\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-338a9c2\" data-block-id=\"338a9c2\"><style>.stk-338a9c2 {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-338a9c2-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-30e5182\" data-v=\"4\" data-block-id=\"30e5182\"><style>@media screen and (min-width:690px){.stk-30e5182 {flex:var(--stk-flex-grow, 1) 1 calc(19.5% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-30e5182-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-30e5182-inner-blocks\">\n<div class=\"wp-block-essential-blocks-advanced-image  root-eb-advanced-image-7mm1j\"><div class=\"eb-parent-wrapper eb-parent-eb-advanced-image-7mm1j \"><figure class=\"eb-advanced-image-wrapper eb-advanced-image-7mm1j img-style-square caption-style-1 caption-horizontal-center caption-vertical-bottom bottom no-effect\" data-id=\"eb-advanced-image-7mm1j\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2024\/11\/article_3_legal_23.jpg\" alt=\"\"\/><\/div><\/figure><\/div><\/div>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-19b51be\" data-v=\"4\" data-block-id=\"19b51be\"><style>@media screen and (min-width:690px){.stk-19b51be {flex:var(--stk-flex-grow, 1) 1 calc(70.5% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-19b51be-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-19b51be-inner-blocks\">\n<p>Obviously, there was a demand for this service and Wirecard went from strength to strength. At one point, Wirecard were everywhere. The company was at all of the gaming shows and just about every operator had a Wirecard merchant account.<\/p>\n\n\n\n<p>Wirecard developed a complex mesh of interrelated companies, in every market it could access. Processing transactions, using local licensing, and routing the payments here there and everywhere. The method confused auditors into thinking the business was doing just great.<\/p>\n\n\n\n<p>Wirecard achieved listing on the German DAX stock market. It joined the top 30 most valuable German companies, an achievement in itself. Investors flocked to buy the Wirecard stock. At one point, the business were valued at more than the combined values of two massive banks, Commerzbank and Deutsche Bank.<\/p>\n\n\n\n<p>Wirecard was the darling of the stock market.<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-16a84cd\" data-v=\"4\" data-block-id=\"16a84cd\"><style>@media screen and (min-width:690px){.stk-16a84cd {flex:var(--stk-flex-grow, 1) 1 calc(10% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-16a84cd-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-16a84cd-inner-blocks\"><\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-8b6f3aa\" data-block-id=\"8b6f3aa\"><style>.stk-8b6f3aa {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-8b6f3aa-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-1ebb469\" data-v=\"4\" data-block-id=\"1ebb469\"><style>@media screen and (min-width:690px){.stk-1ebb469 {flex:var(--stk-flex-grow, 1) 1 calc(19.5% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-1ebb469-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-1ebb469-inner-blocks\">\n<div class=\"wp-block-essential-blocks-advanced-image  root-eb-advanced-image-6n4tq\"><div class=\"eb-parent-wrapper eb-parent-eb-advanced-image-6n4tq \"><figure class=\"eb-advanced-image-wrapper eb-advanced-image-6n4tq img-style-square caption-style-1 caption-horizontal-center caption-vertical-bottom bottom no-effect\" data-id=\"eb-advanced-image-6n4tq\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2024\/11\/article_3_legal_20.jpg\" alt=\"\"\/><\/div><\/figure><\/div><\/div>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-b3f8174\" data-v=\"4\" data-block-id=\"b3f8174\"><style>@media screen and (min-width:690px){.stk-b3f8174 {flex:var(--stk-flex-grow, 1) 1 calc(70.5% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-b3f8174-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-b3f8174-inner-blocks\">\n<h3 class=\"wp-block-heading\">Singapore is an Honest Place<\/h3>\n\n\n\n<p>Handling Asia \/ Pacific business, Singapore was an important location for Wirecard. However, one of their lawyers would uncover what he considered to be suspect trading. He reported this to the Wirecard head office in Munich, who did nothing about it.<\/p>\n\n\n\n<p>Frustrated, the lawyer then decided to inform The Financial Times, as well as the auditors and the authorities.<\/p>\n\n\n\n<p>The Financial Times published an article based on the information received. With true British understatement, it reported that, among other things, there were \u2018problems\u2019 with their Asian accounting\u2026<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-127e785\" data-v=\"4\" data-block-id=\"127e785\"><style>@media screen and (min-width:690px){.stk-127e785 {flex:var(--stk-flex-grow, 1) 1 calc(10% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-127e785-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-127e785-inner-blocks\"><\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-fe12ccb\" data-block-id=\"fe12ccb\"><style>.stk-fe12ccb {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-fe12ccb-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-de3da78\" data-v=\"4\" data-block-id=\"de3da78\"><style>@media screen and (min-width:690px){.stk-de3da78 {flex:var(--stk-flex-grow, 1) 1 calc(19.5% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-de3da78-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-de3da78-inner-blocks\">\n<div class=\"wp-block-essential-blocks-advanced-image  root-eb-advanced-image-zhme5\"><div class=\"eb-parent-wrapper eb-parent-eb-advanced-image-zhme5 \"><figure class=\"eb-advanced-image-wrapper eb-advanced-image-zhme5 img-style-square caption-style-1 caption-horizontal-center caption-vertical-bottom bottom no-effect\" data-id=\"eb-advanced-image-zhme5\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2024\/11\/article_3_legal_11.jpg\" alt=\"\"\/><\/div><\/figure><\/div><\/div>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-34a83e0\" data-v=\"4\" data-block-id=\"34a83e0\"><style>@media screen and (min-width:690px){.stk-34a83e0 {flex:var(--stk-flex-grow, 1) 1 calc(70.5% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-34a83e0-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-34a83e0-inner-blocks\">\n<h3 class=\"wp-block-heading\">House of Wirecards<\/h3>\n\n\n\n<p>In an attempt to quell the bad press, Wirecard hired KMPG to carry out a special \u2018forensic\u2019 audit and confirm that \u2018all is as it should be\u2019.<\/p>\n\n\n\n<p>There was supposed to be a lot of money on accounts with banks in Asia. The auditors EY had signed off on that fact. However, the only verification of this was a lawyer\u2019s testimony; basically, &nbsp;a local lawyer that testified that \u2018a bank account had X amount in it\u2019. His word was taken to be the truth. And it was taken as the truth by the auditors at that time.&nbsp;<\/p>\n\n\n\n<p>As part of the new KPMG audit, a team was tasked to verify the Asian bank accounts. A trip to Manila was needed.<\/p>\n\n\n\n<p>What they found in Manila was not what they were expecting. Worryingly, while attempting to verify the bank balances, the auditors were shown documents and statements that were obvious forgeries. The forged documents attested to large balances in multiple bank accounts.<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-e5525d3\" data-v=\"4\" data-block-id=\"e5525d3\"><style>@media screen and (min-width:690px){.stk-e5525d3 {flex:var(--stk-flex-grow, 1) 1 calc(10% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-e5525d3-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-e5525d3-inner-blocks\"><\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-5c59579\" data-block-id=\"5c59579\"><style>.stk-5c59579 {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-5c59579-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-0f6d53d\" data-v=\"4\" data-block-id=\"0f6d53d\"><style>@media screen and (min-width:690px){.stk-0f6d53d {flex:var(--stk-flex-grow, 1) 1 calc(19.5% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-0f6d53d-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-0f6d53d-inner-blocks\">\n<div class=\"wp-block-essential-blocks-advanced-image  root-eb-advanced-image-qsndc\"><div class=\"eb-parent-wrapper eb-parent-eb-advanced-image-qsndc \"><figure class=\"eb-advanced-image-wrapper eb-advanced-image-qsndc img-style-square caption-style-1 caption-horizontal-center caption-vertical-bottom bottom no-effect\" data-id=\"eb-advanced-image-qsndc\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2024\/11\/article_3_legal_28.jpg\" alt=\"\"\/><\/div><\/figure><\/div><\/div>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-cb453cc\" data-v=\"4\" data-block-id=\"cb453cc\"><style>@media screen and (min-width:690px){.stk-cb453cc {flex:var(--stk-flex-grow, 1) 1 calc(70.5% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-cb453cc-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-cb453cc-inner-blocks\">\n<p>After double checking, the accounts proved to be completely fictitious and the auditors soon realized that over $2 billion was missing. This was pretty bad news.<\/p>\n\n\n\n<p>Reporting their findings to Wirecard, KPMG were concerned that the report would be suppressed, in an attempt to cover the problem up.<\/p>\n\n\n\n<p>However, KPMG had allowed for this eventuality. The contract between Wirecard and KPMG for the audit work, contained a clause that would allow KPMG to publish the information themselves, without needing Wirecard\u2019s permission.&nbsp;<\/p>\n\n\n\n<p>So, in April 2020, KPMG went ahead and published the report. Predictably, the news hit the markets hard.<\/p>\n\n\n\n<p>The end was near. Wirecard\u2019s stock ended up worthless and Wirecard declared insolvency in June 2020.<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-7863d01\" data-v=\"4\" data-block-id=\"7863d01\"><style>@media screen and (min-width:690px){.stk-7863d01 {flex:var(--stk-flex-grow, 1) 1 calc(10% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-7863d01-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-7863d01-inner-blocks\"><\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-a2b3832\" data-block-id=\"a2b3832\"><style>.stk-a2b3832 {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-a2b3832-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-bcccb69\" data-v=\"4\" data-block-id=\"bcccb69\"><style>@media screen and (min-width:690px){.stk-bcccb69 {flex:var(--stk-flex-grow, 1) 1 calc(20% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-bcccb69-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-bcccb69-inner-blocks\">\n<div class=\"wp-block-essential-blocks-advanced-image  root-eb-advanced-image-6qiai\"><div class=\"eb-parent-wrapper eb-parent-eb-advanced-image-6qiai \"><figure class=\"eb-advanced-image-wrapper eb-advanced-image-6qiai img-style-square caption-style-1 caption-horizontal-center caption-vertical-bottom bottom no-effect\" data-id=\"eb-advanced-image-6qiai\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2024\/11\/article_3_legal_12.jpg\" alt=\"\"\/><\/div><\/figure><\/div><\/div>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-2aa13a0\" data-v=\"4\" data-block-id=\"2aa13a0\"><style>@media screen and (min-width:690px){.stk-2aa13a0 {flex:var(--stk-flex-grow, 1) 1 calc(70% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-2aa13a0-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-2aa13a0-inner-blocks\">\n<h3 class=\"wp-block-heading\">Lawsuits and Trials<\/h3>\n\n\n\n<p>Since then, a whole raft of lawsuits has followed. The former Wirecard CEO, Marcus Braun is facing&nbsp; charges of fraud and market manipulation and the former COO, Jan Marsalek, is nowhere to be found.<\/p>\n\n\n\n<p><em>Braun was originally an investor and bailed out Wirecard during its early years. As CEO, Braun saw the potential of the business and set out to capitalize on his investment.<\/em><\/p>\n\n\n\n<p><em>Marsalek was hired by Braun, as he had technical experience from a previous payments venture and he knew his way around computer systems.&nbsp;<\/em><\/p>\n\n\n\n<p><em>Between them, they catapulted Wirecard into the payments market and proceeded to build a seemingly successful company.<\/em><\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-3bdcbd0\" data-v=\"4\" data-block-id=\"3bdcbd0\"><style>@media screen and (min-width:690px){.stk-3bdcbd0 {flex:var(--stk-flex-grow, 1) 1 calc(10% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-3bdcbd0-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-3bdcbd0-inner-blocks\"><\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-100c958\" data-block-id=\"100c958\"><style>.stk-100c958 {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-100c958-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-f9d1d78\" data-v=\"4\" data-block-id=\"f9d1d78\"><style>@media screen and (min-width:690px){.stk-f9d1d78 {flex:var(--stk-flex-grow, 1) 1 calc(20% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-f9d1d78-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-f9d1d78-inner-blocks\">\n<div class=\"wp-block-essential-blocks-advanced-image  root-eb-advanced-image-hs4j6\"><div class=\"eb-parent-wrapper eb-parent-eb-advanced-image-hs4j6 \"><figure class=\"eb-advanced-image-wrapper eb-advanced-image-hs4j6 img-style-square caption-style-1 caption-horizontal-center caption-vertical-bottom bottom no-effect\" data-id=\"eb-advanced-image-hs4j6\"><div class=\"image-wrapper\"><a class=\"eb-advimg-link\" href=\"https:\/\/maps.app.goo.gl\/1tzQYDEQB99XAaKv8\" target=\"_blank\" rel=\"noopener\"><\/a><img decoding=\"async\" src=\"https:\/\/crownstar.com\/crownstar\/wp-content\/uploads\/sites\/15\/2024\/11\/article_3_legal_29.png\" alt=\"\"\/><\/div><\/figure><\/div><\/div>\n\n\n\n<p class=\"has-text-align-center\">Google street map<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-7d18539\" data-v=\"4\" data-block-id=\"7d18539\"><style>@media screen and (min-width:690px){.stk-7d18539 {flex:var(--stk-flex-grow, 1) 1 calc(70% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-7d18539-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-7d18539-inner-blocks\">\n<p>Investors are suing Wirecard\u2019s former managers, the auditing company EY, and other parties for damages.&nbsp; There are something like 8,000 lawsuits and 19,000 claims for damages being presented to the courts.<\/p>\n\n\n\n<p>To handle this, a massive trial is being setup in Munich, in a former airport reception hall, on the Munich exhibition grounds. One of the biggest trials Germany has ever seen will commence on 22<sup>nd<\/sup> November 2024.<\/p>\n\n\n\n<p>It is expected to last for years\u2026<\/p>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-ec23db0\" data-v=\"4\" data-block-id=\"ec23db0\"><style>@media screen and (min-width:690px){.stk-ec23db0 {flex:var(--stk-flex-grow, 1) 1 calc(10% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-ec23db0-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-ec23db0-inner-blocks\"><\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-3b7a858\" data-block-id=\"3b7a858\"><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-3b7a858-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-62f1eb3\" data-v=\"4\" data-block-id=\"62f1eb3\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-62f1eb3-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-62f1eb3-inner-blocks\">\n<div class=\"wp-block-essential-blocks-button root-eb-button-ttxrq\"><div class=\"eb-parent-wrapper eb-parent-eb-button-ttxrq \"><div class=\"eb-button-wrapper eb-button-alignment eb-button-ttxrq\"><div class=\"eb-button\"><div class=\"eb-button-inner-wrapper \"><a class=\"eb-button-anchor \" href=\"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-8\/\" rel=\"noopener\">Next Page &#8211; International Upset<\/a><\/div><\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-6c56e6a\" id=\"article-pages\" data-block-id=\"6c56e6a\"><style>.stk-6c56e6a {margin-bottom:0px !important;}<\/style><h4 class=\"stk-block-heading__text has-text-align-center\">Article Pages<\/h4><\/div>\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-185c44d\" data-block-id=\"185c44d\"><style>.stk-185c44d {margin-bottom:1px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-185c44d-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-29e7096\" data-v=\"4\" data-block-id=\"29e7096\"><style>@media screen and (min-width:690px){.stk-29e7096 {flex:var(--stk-flex-grow, 1) 1 calc(29.7% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-29e7096-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-29e7096-inner-blocks\"><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-8f3ebc2\" data-v=\"4\" data-block-id=\"8f3ebc2\"><style>@media screen and (min-width:690px){.stk-8f3ebc2 {flex:var(--stk-flex-grow, 1) 1 calc(40.3% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-8f3ebc2-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-8f3ebc2-inner-blocks\">\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-be98cb7\" data-block-id=\"be98cb7\"><style>.stk-be98cb7 {margin-bottom:1px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-be98cb7-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-d8b3886\" data-v=\"4\" data-block-id=\"d8b3886\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-d8b3886-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-d8b3886-inner-blocks\">\n<ol class=\"wp-block-list\">\n<li><a href=\"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-2\/\" title=\"\">Introduction<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-2\/\" title=\"\">The US States Want Control<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-3\/\" title=\"\">Jay Cohen and WSEX<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-4\/\" title=\"\">The Kyl Bill<\/a><\/li>\n<\/ol>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-d4b95b7\" data-v=\"4\" data-block-id=\"d4b95b7\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-d4b95b7-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-d4b95b7-inner-blocks\">\n<ol start=\"5\" class=\"wp-block-list\">\n<li><a href=\"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-5\/\" title=\"\">Antigua Fights Back<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-6\/\" title=\"\">UIGEA 2006<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-6\/\" title=\"\">Wirecard<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-8\/\" title=\"\">International Upset<\/a><\/li>\n<\/ol>\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-f21e617\" data-block-id=\"f21e617\"><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-f21e617-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-319ff87\" data-v=\"4\" data-block-id=\"319ff87\"><style>@media screen and (min-width:690px){.stk-319ff87 {flex:var(--stk-flex-grow, 1) 1 calc(25% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-319ff87-container stk--no-background stk--no-padding\"><div class=\"has-text-align-left stk-block-content stk-inner-blocks stk-319ff87-inner-blocks\"><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-a08a5ed\" data-v=\"4\" data-block-id=\"a08a5ed\"><style>@media screen and (min-width:690px){.stk-a08a5ed {flex:var(--stk-flex-grow, 1) 1 calc(75% - var(--stk-column-gap, 0px) * 1 \/ 2 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-a08a5ed-container stk--no-background stk--no-padding\"><div class=\"has-text-align-left stk-block-content stk-inner-blocks stk-a08a5ed-inner-blocks\">\n<ol start=\"9\" class=\"wp-block-list\">\n<li><a href=\"https:\/\/crownstar.com\/crownstar\/article-3-part-2-legal\/article-3-part-2-legal-9\/\" title=\"\">Conclusion<\/a><\/li>\n<\/ol>\n<\/div><\/div><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-155c940\" data-v=\"4\" data-block-id=\"155c940\"><style>@media screen and (min-width:690px){.stk-155c940 {flex:var(--stk-flex-grow, 1) 1 calc(30% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-155c940-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-155c940-inner-blocks\"><\/div><\/div><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-76dbfae\" data-v=\"4\" data-block-id=\"76dbfae\"><style>@media screen and (min-width:690px){.stk-76dbfae {flex:var(--stk-flex-grow, 1) 1 calc(3.8% - var(--stk-column-gap, 0px) * 2 \/ 3 ) !important;}}<\/style><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-76dbfae-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-76dbfae-inner-blocks\"><\/div><\/div><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wirecard There is an old English proverb which says: \u2018Where there\u2019s muck, there\u2019s brass.\u2019 &nbsp;It basically means there\u2019s always money to be made from activities that are dirty or unpleasant. After the passing of UIGEA, processing online gambling payments was considered to be a dirty business and best avoided. Nevertheless, there was one payments company [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":5202,"menu_order":7,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"class_list":["post-5239","page","type-page","status-publish","hentry"],"blocksy_meta":[],"aioseo_notices":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/crownstar.com\/crownstar\/wp-json\/wp\/v2\/pages\/5239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crownstar.com\/crownstar\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/crownstar.com\/crownstar\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/crownstar.com\/crownstar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/crownstar.com\/crownstar\/wp-json\/wp\/v2\/comments?post=5239"}],"version-history":[{"count":12,"href":"https:\/\/crownstar.com\/crownstar\/wp-json\/wp\/v2\/pages\/5239\/revisions"}],"predecessor-version":[{"id":5434,"href":"https:\/\/crownstar.com\/crownstar\/wp-json\/wp\/v2\/pages\/5239\/revisions\/5434"}],"up":[{"embeddable":true,"href":"https:\/\/crownstar.com\/crownstar\/wp-json\/wp\/v2\/pages\/5202"}],"wp:attachment":[{"href":"https:\/\/crownstar.com\/crownstar\/wp-json\/wp\/v2\/media?parent=5239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}