Paysafe Shares in the Red after Spotlight Research Report Allegations

[kreslik.news]

Paysafe Group plc (LON:PAYS), a UK payments provider, has incurred a massive share price decline Tuesday, falling by as much as -34.0% during European trading. The primary impetus behind the decline was the release of a report, ‘Paysafe: Material Risks From Regulatory Enforcement Action’ by an organization known as Spotlight Research, ultimately sending shareprices reeling.

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The report, which can be viewed by accessing the following link, accuses Paysafe of engaging with nefarious clients, some of which that are operating or engaging in illegal gambling. ... (read more)