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Tuesday, June 25, 2024
bitcoin
Bitcoin (BTC) $ 60,910.32
ethereum
Ethereum (ETH) $ 3,361.04
tether
Tether (USDT) $ 0.999903
bnb
BNB (BNB) $ 570.09
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.47529
binance-usd
BUSD (BUSD) $ 0.99958
dogecoin
Dogecoin (DOGE) $ 0.122268
cardano
Cardano (ADA) $ 0.389136
solana
Solana (SOL) $ 135.12
matic-network
Polygon (MATIC) $ 0.572395
polkadot
Polkadot (DOT) $ 5.77
tron
TRON (TRX) $ 0.121158
HomeNewsFinanceClaims In opposition to Collapsed South African Bitcoin Funding Agency Rise to...

Claims In opposition to Collapsed South African Bitcoin Funding Agency Rise to $84.5 Million

Claims in opposition to Mirror Buying and selling Worldwide (MTI) have reached over $84.5 million (ZAR1.6 billion), with greater than 8,000 confirmed collectors as of the top of April. The MTI property nonetheless holds round $33.7 million in its accounts. Authorized motion is underway in a number of nations to get better withdrawals made by those that profited from the scheme. MTI was the biggest pyramid scheme ever operated in South Africa. Launched in 2019, MTI promised common month-to-month returns of 10% and allowed members to earn bonuses by recruiting others.
In April 2023, the Western Cape Excessive Court docket declared MTI a pyramid and Ponzi-type scheme. MTI attracted scammers and victims worldwide, with withdrawals documented in numerous nations. Liquidators are reportedly pursuing those that withdrew bitcoin from the scheme, issuing summonses and letters of demand.

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