[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  fielski [@_fielski](/creator/twitter/_fielski) on x XXX followers Created: 2025-07-07 15:29:03 UTC WorldCom, once the second-largest telecommunications company in the United States, became the center of one of the most notorious accounting scandals in corporate history. $GRIN ⚡️ツ 💰 Accounting Manipulation The company overstated its assets by more than $XX billion, concealing operational losses by fraudulently reclassifying expenses as capital investments. This deceptive strategy allowed WorldCom to maintain the illusion of profitability, misleading investors and propping up stock value over several years. 🧨 Historic Bankruptcy In July 2002, WorldCom filed for Chapter XX bankruptcy, reporting $XX billion in debt — the largest bankruptcy ever filed in the U.S. at that time. Adjusted to 2025, that figure translates to approximately $XX billion. Total investor losses are estimated to have exceeded $XXX billion, factoring in the crash in stock price and erosion of trust. 🪙 WorldCom’s Current Market Value: $XXXX Do you still believe...?  XXX engagements  **Related Topics** [losses](/topic/losses) [accounting](/topic/accounting) [united states](/topic/united-states) [$grin](/topic/$grin) [coins pow](/topic/coins-pow) [Post Link](https://x.com/_fielski/status/1942244480267981078)
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fielski @_fielski on x XXX followers
Created: 2025-07-07 15:29:03 UTC
WorldCom, once the second-largest telecommunications company in the United States, became the center of one of the most notorious accounting scandals in corporate history. $GRIN ⚡️ツ
💰 Accounting Manipulation The company overstated its assets by more than $XX billion, concealing operational losses by fraudulently reclassifying expenses as capital investments.
This deceptive strategy allowed WorldCom to maintain the illusion of profitability, misleading investors and propping up stock value over several years.
🧨 Historic Bankruptcy In July 2002, WorldCom filed for Chapter XX bankruptcy, reporting $XX billion in debt — the largest bankruptcy ever filed in the U.S. at that time.
Adjusted to 2025, that figure translates to approximately $XX billion.
Total investor losses are estimated to have exceeded $XXX billion, factoring in the crash in stock price and erosion of trust.
🪙 WorldCom’s Current Market Value: $XXXX
Do you still believe...?
XXX engagements
Related Topics losses accounting united states $grin coins pow