Downfall Of A Once Powerful Medieval Christian Order

Symbolized by a red cross on a white background and two Knight Templars on a single horse, the Order’s main mission was to protect Christian pilgrims and carry out holy military missions in various sites, especially Jerusalem. They were also practically the first bank in history as they utilized several financial techniques, one included keeping valuables or funds of pilgrims that can later be withdrawn in the Holy Land.

By 1312, the Order ceased to exist. All of the wealth and power drifted away like upcoming NFT drops. What actually happened and why losing the Crusade wasn’t exactly a direct reason for their fall?