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Accountants can unwittingly help perpetrators of financial abuse, study finds

A study from Monash University, led by associate professor Vivien Chen, reveals that there were gaps in accountants’ ability to identify and respond to financial abuse, leading to cases where they unwittingly assisted perpetrators of financial abuse. Interviews with 18 frontline professionals from financial abuse support organisations indicated that a “common concern” raised by frontline…

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COVID Debt Relief Benefited Borrowers with Large Crypto Holdings in South Korea

BitcoinWorld Shocking Audit: COVID Debt Relief Benefited Borrowers with Large Crypto Holdings in South Korea A recent audit in South Korea has uncovered a startling reality about COVID-19 relief programs. The investigation reveals that government-backed COVID debt relief reached borrowers who maintained significant crypto holdings, raising serious questions about the allocation of public funds during…

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