Jan Marsalek, former Wirecard board member, is claimed to be at present in Russia. Apparently, he beforehand moved important quantities of cash within the type of Bitcoin.
The former Wirecard board member Jan Marsalek is claimed to have transferred massive quantities of Bitcoin. As the Handelsblatt reported, Marsalek is below the supervision of the Russian army secret service GRU on a property within the west of the Russian capital. Marsalek is claimed to have flown from Klagenfurt through Tallinn to Minsk in Belarus on the day of his launch. Due to the political conflicts there, the key service determined to convey the previous Wirecard board to Russia.
Ex-Wirecard board member Marsalek: What function does Bitcoin play?
Bitcoin may play a major function within the Wirecard scandal surrounding Jan Marsalek. The firm hit the headlines when it turned recognized that 1.9 billion euros had been lacking from its steadiness sheets. The inventory had slumped, the corporate filed for chapter on June 25, the alarm bells of the Federal Financial Supervisory Authority (Bafin) rang loudly. The cash is claimed to be it the mirror, have seeped away in Asia – within the area during which Jan Marsalek is claimed to have significantly promoted a Wirecard growth.
The information portal additionally has chat protocols which can be primarily based on discussions between the previous Wirecard board and a Spiegel supply. It says:
(…) My willingness to convey 1.9 billion again to Wirecard decreases each minute the extra I study what's happening (sic)
As the journal studies elsewhere, it’s apparent that Marsalek has a number of million in his baggage. It stays to be seen whether or not they feed on the disappeared 1.9 billion euros (or whether or not they even exist). However, if he needs to maneuver cash formally as a refugee from the judiciary, authorities (and banks) may thwart his plans.
It is due to this fact solely pure that ex-Wirecard board member Jan Marsalek apparently determined to "move" the cash within the type of Bitcoin. After all, the cryptocurrency is aware of no nationwide borders, and it’s impartial of banks or different central establishments. The decentralized alignment of the Bitcoin Blockchain would make it straightforward to maneuver massive sums of cash from A to B. All he wants is a bitcoin pockets and the mandatory keys – and as you already know, a bit of paper is sufficient. You solely should have this with you, strictly talking, Bitcoin is just not moved throughout borders, the BTC don’t go away the blockchain. So, as it’s recommended within the present media studies, Bitcoin can not actually be despatched "to Russia".
If Marsalek truly used Bitcoin, it may additionally play into the palms of legislation enforcement. This signifies that the transparency of blockchain transactions could be tracked seamlessly. It is considerably harder, however not not possible, to assign the transactions or the related Bitcoin addresses to the originators.
BTC in legislation enforcement
Thanks to the transparency of the Bitcoin Blockchain, authorities had managed to explode the biggest ring for baby pornography up to now. The events concerned had used the cryptocurrency to pay one another. In doing so, that they had confused the pseudonymity of Bitcoin with anonymity.
Alexander Vinnik, operator of the previous suspected fraud trade Btc-e, has, nevertheless, additionally suffered from this transparency. US authorities had been capable of seize $ 90 million after the investigation, typically due to blockchain transparency.