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MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers
21.7.2021
Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability to trace and recover their missing bitcoins. This warning from the court-appointed liquidators was made after reports emerged that several MTI investors...
8,000 BTC Belonging to Mirror Trading International Traced, Investors Urged to Lodge Claims
5.7.2021
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....
South African Court Grants Final Liquidation Order Against the ‘Biggest Cryptocurrency Scam in 2020’
3.7.2021
A South African judge, Justice Alma de Wet, has ruled in favor of granting a final liquidation order against Mirror Trading International (MTI), the country’s biggest bitcoin scam in the past year. Nevertheless, the judge postponed a ruling on an application by MTI liquidators to have...
Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam Outfit
18.6.2021
In 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...
South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme
10.6.2021
New 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...
MTI CEO and Wife Issued With Provisional Sequestration Order by South African High Court
27.4.2021
A South African High Court recently served Mirror Trading International (MTI)’s Johann and Nerina Steynberg with a provisional sequestration order. The court’s decision follows a successful court application by the five joint provisional liquidators of the now-defunct online bitcoin...
Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers
22.4.2021
The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas...
Liquidators seek expanded probe of alleged South African Bitcoin scheme
15.1.2021
Liquidators of the embattled Mirror Trading International want a deeper probe of the alleged Bitcoin multi-level marketing scheme
Liquidators of South African Bitcoin Trading Club Request Greater Probe Powers
15.1.2021
Placed under provisional liquidation last month, Mirror Trading had claimed to be able to offer returns of 10% a month using bots to trade client's bitcoin
Cryptopia Users Can Claim Assets from End of 2020, Says Hacked Exchange’s Liquidator
18.9.2020
Grant Thornton said the process of repatriating $100 million-worth of crypto assets from the now-defunct Cryptopia exchange will begin later this year
Liquidators of Hacked Cryptopia Exchange Release Report, Note $4.2M Owed to Creditors
31.5.2019
Liquidators of now-defunct New Zealand crypto exchange Cryptopia have released the first report on the state of affairs of the firm
Collapsed Crypto Exchange Cryptopia Owes Creditors $2.7 Million: Liquidators
31.5.2019
The liquidators of hacked New Zealand crypto exchange Cryptopia say it owes over $2.7 million to creditors, while user losses are still unknown
The Cryptopia Nightmare Drags on as Liquidators Struggle to Reimburse Hacked Users
30.5.2019
Have the dangers of centralized exchange custody been exposed? Auditors battle for the release of Cryptopia user data kept on third-party servers
Cryptopia: What Was Left By Hackers, Could Be Taken by Liquidators
17.5.2019
Not your keys, not your coins.
If in the beginning of this week users of troubled exchange from New Zealand, Cryptopia had any hopes to regain all their funds left after a devastating hack, now it became even less likely.
The exchange, which was placed into liquidation this week, said in...
Hacked New Zealand Exchange Cryptopia Appoints Liquidators, Trading Suspended
15.5.2019
Hacked New Zealand-based cryptocurrency exchange Cryptopia has gone into liquidation and suspended trading services
Hack Kills Cryptopia - Liquidators Take Charge of Exchange
15.5.2019
A New Zealand court has placed hacked cryptocurrency exchange Cryptopia into liquidation following a number of failed attempts at re-opening the platform.
The court placed responsibility for the liquidation in the hands of David Ruscoe and Russell Moore, employees at auditor Grant Thornton...