Africrypt Stole $3.6 Billion In Bitcoin: Is This The Biggest Crypto Scam In H...
Around 69,000 Bitcoin has vanished from a South African investment platform, Africrypt, along with two brothers who owned the crypto firm. Africrypt Founders Took $3.6 Billion A new Bitcoin scam involving the disappearance of $3.6 billion has surfaced in South Africa, just as investors are having a difficult time managing the Bitcoin volatility. Two brothers, […]
Related News
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. Africrypt Stops Operations Abruptly Africrypt abruptly ceased operations nearly two months ago, prompting the banking institution’s denial. The crypto investment firm’s management claimed at the time that Africrypt’s trading system […]
Two African brothers have disappeared, and so does the $3.6 billion in bitcoin from their cryptocurrency investment platform. Biggest Scam In Bitcoin History? Africrypt is a cryptocurrency investment platform based in South Africa. It was set up by Ameer Cajee and his brother. The pool offered huge returns for investors. Back in April, around when […]
Billions worth of Bitcoin has reportedly vanished along with the operators of South African crypto firm AfriCrypt. Is it a scam or a hack? Around 69,000 Bitcoin has vanished from a South African investment platform along with two brothers who owned the crypto firm.Although the facts are yet to be proven in court, if it turns to be an exit scam rather than a hack, it would be the biggest in history according to Bloomberg. There were warning signs for investors either way, with users reportedly promised returns of up to 10% a day.AfriCrypt was founded in 2019 and operated by brothers Ameer....
Investors 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 platform, recently began receiving payouts from a so-called white knight investor, a report has said.
According to an Itweb report, which named Pennython Project....
A 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 court decision follows recent claims that Raees Cajee, one of the collapsed firm’s directors, is opposing the final liquidation of Africrypt from his hideout in Tanzania. The latest decision by the South Africa court comes as....