WiseTech Sinks After Police Raid Over White’s Share Trading
Update: 2025-10-28
Description
WiseTech Global in Crisis: A police raid on WiseTech's Sydney HQ triggered a massive stock plunge amid allegations of insider trading against its chairman and founder, Richard White. What does this mean for the Australian tech giant and its investors, especially after a year already plagued by governance concerns and a mass exodus of board members? We break down the details of the investigation, the immediate market impact, and the implications for White, who recently sold off millions in stock as his net worth plummeted.
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