Litigation
MTI’s liquidators to refund part of victims’ recovered bitcoins
1,281 bitcoins have so far been recovered and will be repaid to victims who submit claims only after the courts have made some clarifications.
Oct 4, 2023
MTI saga
4 storiesArchived
The Mirror Trading International Bitcoin Ponzi scheme — South Africa's largest crypto fraud case, from the theft of 22,000 BTC through CEO Johann Steynberg's conviction and a $1.7 billion restitution order.
Cybercrime
Crypto scam alert: Argo Blockchain does not have Nigerian and Kenyan entities
Argo-Coin and Argo Kenya have been taking money from Nigerians and Kenyans to invest in Bitcoin mining equipment and earn outrageous ROIs
Sep 20, 2023
Litigation
MTI CEO ordered to pay $1.7 billion in restitution for bitcoin Ponzi scheme
The founder of the bitcoin Ponzi scheme, MTI was charged with identity fraud last month in Brazil.
Sep 12, 2023
Litigation
CEO of the bitcoin pyramid scheme that allegedly stole 22k bitcoin jailed in Brazil
Steynberg, who had suddenly gone missing in December 2020, was arrested a year later on charges of forgery and using false ID.
Aug 21, 2023