Durban - Thousands of Ladysmith residents, pulled by the lure of easy money and big returns, have invested large amounts of money with a company called Bitcoin Wallet. Residents have been queuing and sleeping overnight outside the offices of the company in the Ladysmith CBD for the past few weeks waiting to invest their money.
The Mercury could not reach the owner of the company yesterday but African News Agency reported last month that the company is run by Sphelele “Sgumza” Mbatha. A video has been circulating on social media showing a woman placing several R200 notes, running into a few thousand rand, on top of a car and saying that it was money she earned from Bitcoin Wallet.
TheMercurySA Not only Ladysmith residents a whole country & I hear offices are moved to another location
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