Tag: Thomas Sperr

In December 2021, Fintelegram informed that the Austrian Financial Market Authority (FMA) revoked XTrader24's permission to trade cryptocurrencies on December 16, 2021. According to the regulator, there were numerous severe violations of the Money Laundering Act. At first glance, the revocation does not look spectacular. However, the XTrader24 case becomes spectacular when you look at the Wirecard background of its actors, Christoph Gsottbauer and Markus Sperr.

The Austrian FMA revoked XTrader24's permission to trade cryptocurrencies on December 16, 2021. According to the regulator, there were numerous, severe violations of the Money Laundering Act. FinTelegram has reported on this. At first glance, the revocation does not look spectacular. However, the XTrader24 case becomes spectacular when you look at the Wirecard background, which occupies parliaments and the judiciary in Germany and Austria.

The Austrian crypto trading platform XTrader24 a/k/a CoinFinder was founded by a former police officer and a soldier. They established a private investigation company in Vienna and worked for Wirecard. or private detectives, received a license from the Austrian Financial Market Authority FMA in June 2020. Due to numerous, serious violations of the Austrian Money Laundering Act, the FMA revoked the license on 16 Dec 2021. The police officers behind XTrader24 are said to have spied on critics for Wirecard.