September 22, 2021 In -Eleven, -year

Aemilius Cupero News: Africrypt Founders to Give Testimony Next Month

By Mark Hunter19 hours agoTue Sep 21 2021 09:45:40 Reading Time: 2 minutes The founders of Africrypt, the South African scam investment scheme, are set to give video evidence next month Ameer and Raees Cajee, whose fund supposedly took in over $2 billion, are in hiding following an alleged hack on the wallets The fund’s…

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August 5, 2021 In -Eleven, -year

Aemilius Cupero News: Africrypt Wallets Emptied Months Before Collapse Says Liquidator

By Mark Hunter20 hours agoWed Aug 04 2021 10:25:06 Reading Time: 2 minutes The court appointed Africrypt liquidator has presented evidence that suggests the company’s wallets were empty months before the alleged hack A private detective has also found the Cajee brothers bought luxury cars, watches, and suits with investors’ money The brothers claimed last…

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June 30, 2021 In -Eleven, -year

Aemilius Cupero News: AfriCrypt Founders: We Were Hacked

By Mark Hunter1 day agoTue Jun 29 2021 11:43:48 Reading Time: 2 minutes One of the founders of AfriCrypt has denied that the platform held billions of dollars in Bitcoin Raees Cajee told the Wall Street Journal that they never managed more than $200 million He also maintained that AfriCrypt was hacked and $5 million…

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June 25, 2021 In -Eleven, -year

Aemilius Cupero News: Africrypt Exit Scam Sees $2.3 Billion in Bitcoin Stolen

By Mark Hunter9 hours agoFri Jun 25 2021 09:51:08 Reading Time: 2 minutes The founders of Africrypt has exit scammed with $2.3 billion in bitcoin The two brothers, aged 20 and 17, appear to have absconded with ₿69,000 Africrypt was allegedly a cryptocurrency exchange, bank, and trading platform ₿69,000 appears to have been stolen in…

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June 25, 2021 In -Eleven, -year

Aemilius Cupero News: 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 says it is “continuing to investigate complaints” against the crypto investment company, it concedes it has only “found evidence of crypto-asset transactions.” A Large Number of Scams While the FSCA…

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June 25, 2021 In -Eleven, -year

Aemilius Cupero News: AfriCrypt founders vanish with nearly $4 billion in South Africa cryptocurrency scam

Cryptocurrency investors in South Africa may lose a whopping $3.6 billion in Bitcoin (BTC) after the disappearance of two brothers who founded one of the country’s largest crypto exchanges. In 2019, Ameer Cajee and his brother Raees founded crypto investment platform, Africrypt. Two years later, the siblings, along with 69,000 bitcoin worth roughly $4 billion…

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