Head Topics

It’s liquidators vs liquidators in MTI case

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Liquidators for crypto scam Mirror Trading International are going after the liquidators of Johann Steynberg’s estate as they try to recover R4.7bn.

Two sets of liquidators are squaring up over the spoils of the Mirror Trading International crypto scam that came crashing down in 2020.

At the time of its collapse, MTI was reckoned to have sucked in 22 222 BTC, worth R14.7 billion at current market rates, according to the court papers. The MTI liquidators are only pursuing the missing 6 900 BTC. Another big winner was Cherie Marks, previously head of marketing at MTI, who is reckoned to have received 192 BTC more than she deposited.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 5. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa's biggest equities market going backwards slowlyRenée Bonorchis | South Africa's biggest equities market going backwards slowly
Source: News24 - 🏆 4. / 80 Read more »

This is where South Africa’s money is goingSouth African investors are increasingly looking elsewhere for better returns.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

‘Your faith kept us going’- Cheslin Kolbe’s adorable message to wife Layla'You were always trusting for the World Cup victory that would make up for the tough times,' Cheslin said of his wife.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Reflecting on your career going into 2024 – ‘We need to actively plan our path to our chosen career destination’Reflecting on your career going into 2024 – ‘We need to actively plan our path to our chosen career destination’
Source: KickOffMagazine - 🏆 36. / 51 Read more »

Bogus doctor Matthew Lani arrested after paying Helen Joseph Hospital a visitIn a widely circulated video on social media, Lani apologised to hospital officials for trespassing, but denied going live on TikTok moments before his arrest.
Source: ewnupdates - 🏆 30. / 53 Read more »

Bogus doctor Matthew Lani arrested after paying Helen Joseph Hospital a visitIn a widely circulated video on social media, Lani apologised to hospital officials for trespassing, but denied going live on TikTok moments before his arrest.
Source: ewnupdates - 🏆 30. / 53 Read more »