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FBI Joins Probe Into Collapsed South African Bitcoin Ponzi Scheme

FBI Joins Probe Into Collapsed South African Bitcoin Ponzi SchemeIn what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have joined the probe into the collapsed bitcoin scheme. According to a report, the U.S. investigators’ goal for joining this probe is to help “recover the assets of out-of-pocket investors.” FBI Interest Confirmation of the U.S. […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Two Masterminds in Last Ditch Effort to Stall Liquidation of MTI

Two Masterminds in Last Ditch Effort to Stall Liquidation of MTIIn a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin Ponzi scheme have warned investors that liquidating the investment company will likely result in them being asked to return all withdrawn bitcoins. Opposition to Attempts at Declaring MTI a Ponzi Scheme In a court filing […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law

South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector LawA South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company. Contravention of Financial Sector Law According to a July 6 letter, which has also been sent to the CEO and […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam Outfit

Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam OutfitIn the latest twist to the Mirror Trading International liquidation saga, Clynton Marks, a co-owner of the bitcoin Ponzi outfit, has opposed attempts to have a court grant a final liquidation order. Marks, who reportedly owned 50% of MTI, argues that the liquidation application was “premature” and that liquidators may “not have the members’ best […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme

South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi SchemeNew submissions by a South African regulator, the Financial Sector Conduct Authority (FSCA) and liquidators have exposed the web of lies and deceptive tactics that were used by Mirror Trading International (MTI) CEO Johann Steynberg and others to perpetuate the Ponzi scheme. Undeclared Losses In its report filed with the South African court, the regulator […]

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals