We weren’t involved in R54bn Bitcoin 'heist', say Africrypt brothers; family speak out

  • 📰 IOL
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

South Africa Headlines News

According to a police complaint by the law firm handling the case on behalf of investors, Hanekom Attorneys, Raees and Ameer Cajee 'absconded' with Bitcoin that was at the time valued at $3.6 billion (about R54bn). TechIol

It is alleged that the Cajee brothers transferred the invested pooled funds from a South African account before fleeing to the UK.Africrypt described itself as"an investment firm exclusively focused on cryptocurrency and blockchain technology". It was founded in 2019.

“Unfortunately, this has forced Africrypt to halt operations… We urge all clients to please be patient as we attempt to resolve the situation. It is understandable that clients may proceed the legal route, but we ask clients to please acknowledge that this will only delay the recovery process.” The Gauteng South High Court has granted a provisional liquidation order against the two brothers, in favour of about 20 investors. The Cajee brothers have until July 19, 2021, to argue against the liquidation.

Source: News Formal (newsformal.com)

 

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:

 /  🏆 46. 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.

Bitcoin heist brothers break their silence, deny involvement in 'hack'The brothers maintain it was a hack and that they, too, 'were fleeced'.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Four suspects killed, 23 arrested in foiled Gauteng truck heistPolice foiled a truck heist in Midrand, Gauteng, recovered firearms, cars and netted several suspects on Friday. South African scourge Yesterday we were told they were Zimbabweans and ways all of them are Zimbabweans. They look well rested now
Source: TimesLIVE - 🏆 28. / 59 Read more »

WATCH LIVE | Family & friends of Luzuko Nteleko celebrate his life at memorial serviceLuzuko's family has encouraged everyone to tune in and celebrate Luzuko’s life with them virtually.
Source: TimesLIVE - 🏆 28. / 59 Read more »

WATCH LIVE | Family & friends of Luzuko Nteleko celebrate his life at memorial serviceFriends, family and fans gathered at Sebokeng, Zone 14 Sports Centre on Saturday afternoon to celebrate the late actor Luzuko Nteleko's life.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Marikana land claimants speak outA group of families in Marikana, in the North West, is calling on the government to finalise its land claim soon. I will be forever to you sharon_trad you are indeed a honest person. I won't have be very financial banlace if I didn't take the risk to trade with you. i will be greedy if I don’t share this good news to people contact sharon_trad for a successful trade
Source: eNCA - 🏆 49. / 51 Read more »

Family meeting called for Sunday after shock news on Covid-19 Delta variantPresident Cyril Ramaphosa will address the nation at 8pm on Sunday following the discovery of the new Delta variant in South Africa, the government said on Saturday. BREAKING NEWS President Cyril Ramaphosa, this is Micheal Mashinini he passed away yesterday morning due to complications after taking the Johnson & Johnson Vaccine in Johannesburg. Lala ngoxolo Guliwe! We are not family, stop calling it that 🛑 STOP CALLING IT A FAMILY MEETING!! We are not chilldren!! 😡😡😡
Source: BDliveSA - 🏆 12. / 63 Read more »