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Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors

Bitcoin.com
Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors
Africrypt
Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt DirectorsA group of investors in Africrypt are reportedly pushing to have criminal charges pressed against directors of the now-defunct cryptocurrency investment platform. Opponents of the move have argued that this push is unlikely to succeed because many of the investors have already been reimbursed part of their funds. Mystery Investor Injects More Than $5 Million […]
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Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested Funds

Bitcoin.com
Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested Funds
Africrypt hack
Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested FundsInvestors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors. White Knight Investor Identity Revealed Investors in Africrypt, a collapsed South African cryptocurrency investment […]
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Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Creditors of Collapsed South African Crypto Firm Vote to Accept Offer to Resuscitate the Company

Bitcoin.com
Creditors of Collapsed South African Crypto Firm Vote to Accept Offer to Resuscitate the Company
Africrypt hack
Creditors of Collapsed South African Crypto Firm Vote to Accept Offer to Resuscitate the CompanyCreditors of a South African crypto trading firm, Africrypt, have agreed to a proposal recently tabled by an unnamed investor who is seeking to resuscitate the collapsed company. Africrypt’s Intellectual Property In addition to paying $4 million — which will be used to pay off some of the crypto firm’s debts — the investor is […]
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Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Directors of Collapsed South African Crypto Investment Firm to Testify via Virtual Platform

Bitcoin.com
Directors of Collapsed South African Crypto Investment Firm to Testify via Virtual Platform
Africrypt
Directors of Collapsed South African Crypto Investment Firm to Testify via Virtual PlatformAmeer and Raees Cajee, the two directors of the South African crypto-investment platform, Africrypt, are set to participate in an inquest that seeks to seal the fate of the collapsed firm. The Death Threats According to an Itweb report, the Cajee brothers — who have agreed to testify on October 19 and 20 — will […]
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Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds

Bitcoin.com
South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds
Africrypt
South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor FundsA South African court has granted liquidators of the collapsed bitcoin investment firm Africrypt the powers to track down missing investor funds. Also, as part of the court decision, Africrypt liquidators will now have the authority to sell assets and property belonging to the company. Africrypt’s Evidence Under the Microscope According to a report, the […]
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Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Africrypt Bitcoin Heist: Contradicting Reports About the Directors Whereabouts Surface

Bitcoin.com
Africrypt Bitcoin Heist: Contradicting Reports About the Directors Whereabouts Surface
Africrypt hack
Africrypt Bitcoin Heist: Contradicting Reports About the Directors Whereabouts SurfaceIn a new twist to the Africrypt saga, two different reports have made contradicting claims about the whereabouts of Raees and Ameer Cajee, the two directors of the collapse bitcoin investment firm. However, both reports suggest the Cajees brothers had planned their escape prior to the alleged hacking incident in April. Vanuatu or Tanzania In […]
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Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

South African Regulators Reportedly Fast-Tracking Crypto Regulatory Framework

Bitcoin.com
South African Regulators Reportedly Fast-Tracking Crypto Regulatory Framework
Africrypt Ponzi scheme
South African Regulators Reportedly Fast-Tracking Crypto Regulatory FrameworkWith South Africa receiving more than its fair share of cryptocurrency-related scams, a report suggests that regulators are responding to this challenge by fast-tracking the process of creating a new regulatory framework. As a result, regulators now expect this process, which was preceded “by the publication of proposals earlier in June,” to be complete “in […]
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Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Africrypt Directors Deny Allegations They Fleeced Clients as Doubts Over Actual Value Missing Bitcoins Grows

Bitcoin.com
Africrypt Directors Deny Allegations They Fleeced Clients as Doubts Over Actual Value Missing Bitcoins Grows
Africrypt
Africrypt Directors Deny Allegations They Fleeced Clients as Doubts Over Actual Value Missing Bitcoins GrowsAccording to new reports, Raees and Ameer Cajee, the two young directors of the recently collapsed crypto investment firm, Africrypt, have “categorically denied” allegations they fleeced clients. Instead, the brothers insist their company is the victim of a hack while also claiming that the media may be overestimating the value of the missing bitcoins. These […]
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Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’

Bitcoin.com
Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’
Africrypt
Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to investigate complaints” against the crypto investment company, it concedes it has only “found evidence of crypto-asset transactions.” A Large Number of Scams While the FSCA […]
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Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

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