Investigation of South African company Mirror Trading International (MTI)-widely regarded as the most destructive Bitcoin last year (Bitcoin) Ponzi scheme-is now cooperating with the Federal Bureau of Investigation (FBI).
MTI entered the provisional liquidation phase in December 2020, Claims to have more than 260,000 members in 170 countries/regions In height.It caught first Concerns from Texas regulators Back in July of last year, its business quickly closed.The South African Financial Services Conduct Authority (FSCA) issued its own statement in August 2020, warning that the company lacks compulsory licenses and provides investors with Incredible and amazing return on investment. FSCA has advised existing customers of MTI to request immediate refunds.
Since the plan collapsed, South Africa’s liquidation team has been Attempt to track MTI’s assets, It is believed that the company holds approximately 23,000 BTC at today’s price, valued at approximately US$874 million. Since January, the team has been seeking to expand its power to help their efforts.
in a e-mail For Bloomberg, the five MTI trustees stated that they are now “meeting with them after contacting international law enforcement agencies such as the FBI” and revealed that “the FBI is joining forces with the liquidators of Mirror Trading International. For the benefit of several American and local investors.”
As previously reported, the South African media leaked the so-called MTI internal communications, indicating that the company’s senior management knew nothing about the operation of the program, and MTI CEO John Steinberg was the only person with full control.
The liquidator stated in the correspondence with Bloomberg, “Although there are [Steynberg’s] He may have tried to fly to Brazil, but was unable to obtain a video or photo confirmation that he did leave the country. “Since December 2020, Steynberg has been in AWOL status.
An executive of South African cryptocurrency exchange Luno said this week disclose Told reporters that some victims Suspected major crypto theft in the country This spring, Related to Africrypt investment plan, Had previously sent their funds to MTI.