The police in South Africa are looking into a possible crypto scam case after an investment company attempted to reimburse some investors from the now-defunct Africrypt exchange.that South African Police forces across four provinces, including Durban and Johannesburg, are currently investigating reports in connection to the alleged Africrypt scam from 2021 involving co-founder brothers Raess and Ameer Cajee.
Following the offer from Pennython, the investors are now pushing for the arrest of both Raees and Ameer Cajee, whose whereabouts remain unknown. Some investors were reportedly unsatisfied and hired law firm Hanekom Attorneys to look into the incident. Hanekom discovered that Africrypt employees lost back-end access seven days before the supposed hack, followed by the transfer of missing funds via mixers or to other large pools of BTC, which made the funds harder to trace.South Africa’s lack of cryptocurrency regulatory policies could prove a stumbling block in ongoing investigations into the Africrypt Saga.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South African police investigating alleged Africrypt bitcoin scamThe victims of the alleged Africrypt bitcoin scam want the police in South Africa to investigate the central figures in the case. TomPeterGill your friends? cryptomanran this you bro?!? 😀 Didn't read the article, but the name 'Africrypt' was a sort of clue, wasn't it?
Source: TheBlock__ - 🏆 464. / 53 Read more »
South African Authorities Charge Man in Parliament FireSouth African authorities have brought charges of terrorism and other crimes against a man in connection with the fire at the country’s parliament earlier this month Em toda a terra, dois terços serão ceifados e perecerão; todavia a terça parte permanecerá!”Mas se ainda ficar nela a décima parte, tornará a ser consumida, como o terebinto, e como o carvalho, dos quais, depois de derrubados, ainda fica o toco. A santa semente é o seu toco.
Source: WSJ - 🏆 98. / 63 Read more »
American Military Museum in South El Monte helps preserve history for future generationsThe American Military Museum in South El Monte was founded nearly 60 years ago. It now has more than 180 displays, from military choppers to rare buses and a full collection of WWII tanks.
Source: ABC7 - 🏆 67. / 68 Read more »
Late-Week Clipper Could Bring Snow to the South - Videos from The Weather Channel | weather.comClipper system will spread snow into parts of the Midwest late this week and possibly into the South this weekend: Good stay away from Connecticut snow now if only we could get rid of the cold....🤷♀️🥶🥶😂😂this is the season I despise the cold makes it hard to move n I’m a professional painter so I have to move to paint walls ceilings doors etc Which is more accurate for snow? American model or euro? Weather channel their is a storm for Wisconsin get information out on this.. heavy snow for the southeastern Wisconsin.. update your system...
Source: weatherchannel - 🏆 671. / 51 Read more »
South Africa court charges parliament fire suspect with terrorismSouth African court charges man suspected of starting a devastating fire at the country's parliament with terrorism, adding to robbery and arson accusations
Source: trtworld - 🏆 101. / 63 Read more »
3 Charged With Shooting Into South LA Superior Grocery Store On New Year's EveThe New Year's Eve shooting that injured six people at a busy South LA grocery store stemmed from an argument between one of the defendants and someone else waiting in line for a register, according to the LA County District Attorney's Office.
Source: CBSLA - 🏆 552. / 51 Read more »