MTI bitcoin scam – DIGIT INFO

Brazilian Judge Ends Inquiry Into Bitcoin Ponzi Scheme Mastermind’s Death

DIGIT — Sat, 17 Aug 2024 07:46:06 +0000

A Brazilian federal judge has ordered criminal charges against Johann Steynberg, the late CEO of the bitcoin trading platform Mirror Trading International (MTI), to be dropped after a police investigation confirmed reports of his death. The order was handed down by Judge Silvio Gemaque, who said Steynberg’s death certificate was added to the case file. […]

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MTI Liquidators Reject Claim Peddled by Opponents, Insist the Entity ‘Was a Massive Fraudulent Scam’

DIGIT — Tue, 15 Feb 2022 06:30:07 +0000

Liquidators of Mirror Trading International (MTI) have attacked the claim that declaring the collapsed bitcoin investment platform an unlawful scheme would jeopardize investors’ chances of recovering their funds. The Unsubstantiated Claim South African liquidators of Mirror Trading International (MTI) have rejected the claim that declaring the collapsed bitcoin investment platform an unlawful operation would result […]

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MTI Mastermind Arrest: Lawyer Points to Agreement Relating to Johann Steynberg’s Extradition to South Africa

DIGIT — Sun, 16 Jan 2022 06:30:38 +0000

With Johann Steynberg now in custody in Brazil, a lawyer has suggested that South Africa may have to resort to an existing legal assistance agreement with Brazil if it wishes to have the CEO extradited. However, the success of any such extradition will depend on the next steps taken by authorities in Brazil. Steynberg Extradition […]

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CEO of Mirror Trading International Bitcoin Ponzi Scheme Arrested in Brazil

DIGIT — Sat, 08 Jan 2022 12:30:05 +0000

Johann Steynberg, the wanted CEO of Mirror Trading International was recently arrested by Brazilian law enforcement after he was caught using a fake document. The arrest, which took place in the country’s Goiás province, was carried out by the Brazilian military police. Fake IDs, Laptops, and Credit Cards Seized Johann Steynberg, the CEO of Mirror […]

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FBI Joins Probe Into Collapsed South African Bitcoin Ponzi Scheme

DIGIT — Thu, 05 Aug 2021 10:30:17 +0000

In what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have joined the probe into the collapsed bitcoin scheme. According to a report, the U.S. investigators’ goal for joining this probe is to help “recover the assets of out-of-pocket investors.” FBI Interest Confirmation of the U.S. […]

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Two Masterminds in Last Ditch Effort to Stall Liquidation of MTI

DIGIT — Wed, 04 Aug 2021 10:00:56 +0000

In a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin Ponzi scheme have warned investors that liquidating the investment company will likely result in them being asked to return all withdrawn bitcoins. Opposition to Attempts at Declaring MTI a Ponzi Scheme In a court filing […]

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MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers

DIGIT — Wed, 21 Jul 2021 03:30:11 +0000

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 had received such bogus offers from individuals claiming to be agents for cryptocurrency […]

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South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law

DIGIT — Thu, 08 Jul 2021 10:00:01 +0000

A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company. Contravention of Financial Sector Law According to a July 6 letter, which has also been sent to the CEO and […]

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South African Court Grants Final Liquidation Order Against the ‘Biggest Cryptocurrency Scam in 2020’

DIGIT — Sat, 03 Jul 2021 14:30:32 +0000

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 the company declared an unlawful business to September 8, […]

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