South African Regulator Pressures Bitcoin Investment Company, Urges Clients to Request Refunds

An embattled bitcoin investment company, Mirror Trading International (MTI)’s troubles took another twist August 18 after the South African regulator, Financial Sector Conduct Authority (FSCA) said that it is investigating the investment company. MTI’s latest conflict with the regulator follows the cease and desist order issued against it by the Texas States Securities Board (TSSB) … Read more

South African Firms Ordered to Cease and Desist in 2 US States for Crypto Debit Card Fraud

Two U.S. states have issued emergency cease and desist orders to South African firms and a South African national promoting a cryptocurrency debit card scheme. The companies claim that the card is like a traditional Mastercard but the states say the scheme is fraudulent. South African Firms Sanctioned by 2 US States The Texas State … Read more