Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million – Regulation Bitcoin News

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Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million – Regulation Bitcoin News
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Liquidators assert that all the summonsed individuals must be held to account for their part in perpetuating MTI’s fraudulent business.

Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million

The move to summon the alleged MTI masterminds comes just a few months after liquidators unsuccessfully tried to have the online bitcoin trading platform declared an unlawful business by a South African court. As per aby Bitcoin.com News, the move was frustrated by a slew of late court filings by lawyers representing MTI investors.

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