What is happening with Mirror Trading International?
In December, MTI CEO Johann Steynberg disappeared, and the scheme came to a grinding halt. The liquidation of MTI faced delays after being opposed in court, but a final order was eventually handed down at the end of June 2021.
Is Mirror Trading International legit?
Court papers filed by the liquidators for failed crypto scam Mirror Trading International (MTI) have lifted the curtain on one of the most extraordinary investment rip-offs in South Africa's history. It was rated the world's biggest crypto scam of 2020, having roped in US$588-million (R7.
Is MTI under investigation?
“The investigation is ongoing, and MTI has partially co-operated with the FSCA. We are reviewing the information as it becomes available and will involve the South African Police Service if the discrepancies are confirmed.”