"Airwallex, a Chinese backdoor into American data from AI labs and defense"
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Rabois alleges that Airwallex's significant operational presence in mainland China and Hong Kong, combined with Chinese ownership stakes and legal obligations under Chinese law, creates vulnerabilities for US clients. According to his thread, approximately 40% of Airwallex's 1,700 employees are based in mainland China and Hong Kong, including core engineering teams with access to production systems.
https://www.forbes.com/sites/boazsobrado/2025/12/01/airwalle...