Bitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action

June 14, 2022 Bitcoin.com

Following accusations that he defrauded investors in his bitcoin investment scheme, the South African radio presenter Sebasa Mogale has said he will take legal action against individuals that have reported him to the police. His lawyer insisted that no evidence will be found because Mogale never committed fraud. Five Fraud Cases Opened Against Mogale Sebasa […]

<div>Voyager's B sale to Binance.US put on hold by US court</div>

Voyager’s $1B sale to Binance.US put on hold by US court

Brazilian Judge Dismisses Bitcoin Scam Mastermind’s Attempt to Block His Extradition to South Africa

June 9, 2022 Bitcoin.com

Bitcoin Scam

A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in South Africa have already furnished their Brazilian counterparts with the documentation that is required for extradition purposes. The judge also rejected Johann Steynberg’s attempts to use his Brazilian family as the basis for seeking an […]

Voyager’s $1B sale to Binance.US put on hold by US court

Popular Radio Presenter Suspended for Alleged Ties to Bitcoin Scam

May 23, 2022 Bitcoin.com

Bitcoin investment

South Africa’s national broadcaster has suspended one of its employees that is accused of convincing unsuspecting people, including pensioners, to invest in a cryptocurrency scam. More than 100 people are believed to have fallen victim to promises of very high returns to investors in the bitcoin investment scheme. 300% Return on Investment The South African […]

Voyager’s $1B sale to Binance.US put on hold by US court

Binance Warns Crypto Investors of ‘Massive Phishing Scam via SMS’

February 7, 2022 Bitcoin.com

Binance

Cryptocurrency exchange Binance has warned investors of a “massive phishing scam via SMS.” The scammers sent SMS messages to crypto users informing them of a withdrawal request from an unknown IP address they may want to cancel. Massive Phishing Scam Targeting Crypto Investors Binance CEO Changpeng Zhao (CZ) tweeted Friday: There is a massive phishing […]

Voyager’s $1B sale to Binance.US put on hold by US court

US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding Investors

January 27, 2022 Bitcoin.com

Bitcoin Fraud

A bitcoin seller has been sentenced to one year and one day in jail for defrauding customers, according to a notice by the U.S. Department of Justice (DOJ). The man took money from customers but did not provide them with the agreed-upon bitcoin. Fraudulent Bitcoin Seller Going to Jail The U.S. Department of Justice (DOJ) […]

Voyager’s $1B sale to Binance.US put on hold by US court

US Federal Trade Commission Warns Consumers About Falling for Crypto ATM Scam

January 12, 2022 Bitcoin.com

Bitcoin ATM

The U.S. Federal Trade Commission (FTC) has warned consumers about scams involving cryptocurrency ATMs. “There’s a new spin on scammers asking people to pay with cryptocurrency,” the FTC described. FTC’s Warning About Scams Involving Cryptocurrency ATMs The U.S. Federal Trade Commission (FTC) issued a scam alert involving cryptocurrency ATMs Monday. The consumer notice, posted by […]

Voyager’s $1B sale to Binance.US put on hold by US court

Fraud-Accused South African Bitcoin Trader to Turn Himself Over to Police: Report

October 19, 2021 Bitcoin.com

Bitcoin Fraud

Sandile Shezi, the young South African bitcoin trader who is facing fraud charges, has denied allegations he scammed shareholders in his Global Forex Institute. Shezi: Shareholders Signed Up for Education, Not Investments Despite his rejection of the allegations, a spokesperson for the country’s police told the Sunday Times newspaper that Shezi has agreed to turn […]

Voyager’s $1B sale to Binance.US put on hold by US court

Bid to Have MTI Ponzi Declared Unlawful Scheme Suffers Setback — More Investors Oppose Motion

September 11, 2021 Bitcoin.com

Bitcoin Scam

A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have the online bitcoin scam declared an illegal business. Concern Over Implications of Declaration Order As a Mybroadband report explains, the investors’ belated decisions to oppose […]

Voyager’s $1B sale to Binance.US put on hold by US court

Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours

August 18, 2021 Bitcoin.com

Bitcoin Fraud

A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure unsuspecting Kenyans. Unrealistic Promises According to a CMA statement issued on August 12, Fxbitinvest is offering prospective […]

Voyager’s $1B sale to Binance.US put on hold by US court

8,000 BTC Belonging to Mirror Trading International Traced, Investors Urged to Lodge Claims

July 5, 2021 Bitcoin.com

Bitcoin Scam

A total of 8,000 bitcoins belonging to Mirror Trading International (MTI) have been traced while an additional 29,000 bitcoins could soon meet a similar fate. The traced coins, which are valued at over $280 million (4 billion rand), represent a potential breakthrough for beleaguered MTI investors. Liquidators Want Court to Declare MTI a Ponzi Scheme […]

Bitcoin Scam

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