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===Wirecard exposé=== {{main|Wirecard scandal}} In January 2019, the ''FT'' began a series of [[Investigative journalism|investigative articles]] detailing fraud suspicions at German payments group [[Wirecard]]. When the Wirecard share price plunged, German news media speculated that [[market manipulation]] was behind this attack on a German corporate, focusing on the lead author of the ''FT'' series, [[Dan McCrum]]. The Public prosecutor's office in [[Munich]] subsequently launched an investigation.<ref>{{cite news |url=https://www.faz.net/aktuell/finanzen/wirecard-ermittlungen-gegen-financial-times-journalisten-16047237.html |title=Staatsanwaltschaft ermittelt gegen einen Financial-Times-Journalisten |work=Frankfurter Allgemeine Zeitung |date=18 February 2019 |access-date=21 July 2019 |archive-date=26 February 2019 |archive-url=https://web.archive.org/web/20190226152550/https://www.faz.net/aktuell/finanzen/wirecard-ermittlungen-gegen-financial-times-journalisten-16047237.html |url-status=live }}</ref> After the formal complaint of an investor, Wirecard and the German [[Federal Financial Supervisory Authority]] (BaFin), the responsible state's attorney announced investigations into several ''FT'' journalists.<ref>{{cite news |url=https://www.handelsblatt.com/finanzen/banken-versicherungen/zahlungsdienstleister-wirecard-erhebt-schwere-anschuldigungen-gegen-die-financial-times/24681644.html |title=Wirecard erhebt schwere Anschuldigungen gegen die 'Financial Times' |work=Handelsblatt |date=21 July 2019 |access-date=21 July 2019 |archive-date=22 July 2019 |archive-url=https://web.archive.org/web/20190722155343/https://www.handelsblatt.com/finanzen/banken-versicherungen/zahlungsdienstleister-wirecard-erhebt-schwere-anschuldigungen-gegen-die-financial-times/24681644.html |url-status=live }}</ref> On 22 June 2020 and after 18 months of investigations and an external audit, Wirecard announced that €1.9 billion worth of cash reported in its accounts "may not exist". The company subsequently filed for [[insolvency]].<ref>{{cite news |title=Wirecard investors set for legal battle as accounting questions mount |url=https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/wirecard-investors-set-for-legal-battle-as-accounting-questions-mount-59114712 |access-date=26 June 2020 |work=S&P Global |date=26 June 2020 |language=en-US |archive-date=29 June 2020 |archive-url=https://web.archive.org/web/20200629120404/https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/wirecard-investors-set-for-legal-battle-as-accounting-questions-mount-59114712 |url-status=live }}</ref> BaFin itself became subject of a [[European Securities and Markets Authority]] investigation for its response to the scandal.<ref>{{cite news |last=Davies |first=Pascale |title=EU to investigate German financial watchdog over Wirecard scandal |url=https://www.euronews.com/2020/06/25/wirecard-goes-bust-amid-german-accounting-scandal |access-date=27 June 2020 |publisher=Euronews |date=25 June 2020 |archive-date=27 June 2020 |archive-url=https://web.archive.org/web/20200627061543/https://www.euronews.com/2020/06/25/wirecard-goes-bust-amid-german-accounting-scandal |url-status=live }}</ref>
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