Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors
A gaggle of buyers in Africrypt are reportedly pushing to have legal fees pressed in opposition to administrators of the now-defunct cryptocurrency funding platform. Opponents...
Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested Funds
Investors in Africrypt, the now-defunct South African crypto platform, have been not too long ago reimbursed a portion of their invested funds. The funds have...
Another Unnamed Investor Offers to Bail Out Collapsed South Africa Crypto Firm
A brand new unnamed investor has supplied to bail out Africrypt, the collapsed South Africa-based crypto funding firm, with $5 million. The supply, which doesn’t...
Creditors of Collapsed South African Crypto Firm Vote to Accept Offer to Resuscitate the Company
Creditors of a South African crypto trading firm, Africrypt, have agreed to a proposal recently tabled by an unnamed investor who is seeking to resuscitate...
Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5...
Directors of Collapsed South African Crypto Investment Firm to Testify via Virtual Platform
Ameer and Raees Cajee, the two directors of the South African crypto-investment platform, Africrypt, are set to participate in an inquest that seeks to seal...
Africrypt Bitcoin Heist: Contradicting Reports About the Directors Whereabouts Surface
In a new twist to the Africrypt saga, two different reports have made contradicting claims about the whereabouts of Raees and Ameer Cajee, the two...
South African Regulators Reportedly Fast-Tracking Crypto Regulatory Framework
With South Africa receiving more than its fair share of cryptocurrency-related scams, a report suggests that regulators are responding to this challenge by fast-tracking the...
Africrypt Directors Deny Allegations They Fleeced Clients as Doubts Over Actual Value Missing Bitcoins Grows
According to new reports, Raees and Ameer Cajee, the two young directors of the recently collapsed crypto investment firm, Africrypt, have “categorically denied” allegations they...
Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’
Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator...