The Barings Collapse and the Unfinished Revolution in Financial Settlement$DUSK #Dusk @Dusk_Foundation
The Barings Bank collapse is often attributed to rogue trading by Nick Leeson. While dramatic, this view misses the profound systemic lesson. 📉 The true culprit was a flaw in the architecture of trust: a fatal disconnection between an action and its verified, settled record. Leeson’s hidden "88888" account was a stark symptom of fragmented financial ledgers.
