The German Michael Gastauer is the founder of Black Banx (previously WB21) and mastermind of a high-risk payment processor network. In April 2022, the U.S. SEC obtained a final judgment against Gastauer for his role in an international fraud scheme that generated more than $165 million. He is ordered to pay over $17 million. Gastauer is a public person and loves to present himself as a Fintech billionaire while providing no evidence for this bold claim. TikTok users have started to present Gastauer’s public life in a mini-series on TikTok. Have fun:
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