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MTI CEO and Wife Issued With Provisional Sequestration Order by South African High Court
27.4.2021
A South African High Court recently served Mirror Trading International (MTI)’s Johann and Nerina Steynberg with a provisional sequestration order. The court’s decision follows a successful court application by the five joint provisional liquidators of the now-defunct online bitcoin...
Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers
22.4.2021
The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas...
Court Summons Mirror Trading International Executives Over BTC Global Scam Allegations
18.4.2021
Two executives of Mirror Trading International (MTI) have been summoned by a high court in connection with another cryptocurrency investment scam called BTC Global. The court summons followed a civil lawsuit filed by 18 plaintiffs demanding compensation from them. Two MTI Executives Linked to...
P2P Bitcoin Trade Volumes Surge in Kenya and Ghana but Nigeria Still Dominates
11.4.2021
According to new data, peer-to-peer (P2P) bitcoin trade volumes in Kenya and Ghana surged in Q1 of 2021, with the two countries now ranked second and third respectively. On the other hand, volumes in South Africa, which occupied second place in 2020, dropped marginally. Consequently, South Africa...
A Forex Broker Transfers 1,200 BTC Belonging to the Mirror Trading International to a South African Liquidator
1.4.2021
Fresh reports from South Africa suggest that a total of 1,200 bitcoins belonging to the now-defunct Mirror Trading International (MTI) were recently transferred from FX Choice to an appointed liquidator. The reports add the transfer had been sanctioned by the Financial Sector Conduct Authority...
South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’
29.3.2021
South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months.” In the warning, the regulator reminds investors that since...
New Pokémon Snap Is Like Old Pokémon Snap, Only Much Prettier
24.3.2021
Pokémon Snap for the Nintendo 64 is a game about rolling through islands, leisurely taking pictures of pocket monsters. All the upcoming sequel needs to please fans of the original is more of that with nicer graphics. I am pleased to report New Pokémon Snap is exactly that.Read more
Here's How The New Pokémon Snap Works
26.2.2021
The original Pokémon Snap, released for the Nintendo 64 in 1999, saw players riding the Zero-One buggy across the generically-named Pokémon Island at the behest of Professor Oak. New Pokémon Snap gives players a whole new region to explore, a new professor to guide them, and new ways to edit...
Mirror Trading International Named Biggest Crypto Scam of the Year After Raking in $589 Million
14.2.2021
Blockchain analysis firm, Chainalysis’ latest crime report has named Mirror Trading International (MTI) as the biggest cryptocurrency scam of 2020. Chainalysis arrived at this conclusion after an investigation found that MTI had taken in $589 million from more than 471,000 deposits. According...
South African Regulator Warns Crypto Investors to ‘Be Prepared to Lose All’ Following Collapse of Bitcoin Trading Company MTI
5.2.2021
The Financial Sector Conduct Authority (FSCA) has issued what it terms crypto health warning after receiving many complaints from South African victims of crypto scams. In the warning, the FSCA reminds prospective investors that crypto-related investments are currently not regulated. Therefore...
MTI Bitcoins Sent to Privacy Mixers as New Data Breach Exposes the Ponzi Scheme’s Top Earners
10.1.2021
In another twist to the Mirror Trading International (MTI) bitcoin Ponzi scam, the blockchain intelligence firm Whitestream says bitcoins from wallets associated with the company are being sent to Wasabi privacy mixers. According to Whitestream’s update, this pivot to mixers suggests that...
South African Court Grants Order to Liquidate Mirror Trading International After Investors Fail to Withdraw Their BTC
1.1.2021
A South African High Court recently granted a provisional liquidation order against Mirror Trading International (MTI) following an application for relief by two investors who failed to withdraw their bitcoin. According to a statement released by lawyers of one of the aggrieved investors, this...
CEO of MTI Bitcoin Ponzi Scheme Flees South Africa in Possible Exit Scam – Funds Blocked
24.12.2020
In an unexpected turn of events, the management team at Mirror Trading International (MTI) now suggest that their CEO Johann Steynberg may have exit scammed. The team alleges that Steynberg, now believed to be in Brazil, has locked out key management staff from accessing MTI’s account with...
South African Regulator’s Probe Into Mirror Trading International Unearths Previously Undeclared Losses and Missing Bitcoins
19.12.2020
South African financial regulator, the Financial Sector Conduct Authority (FSCA), has filed criminal charges with local law enforcement against Mirror Trading International (MTI), the alleged online bitcoin trading scam. The regulator says its decision to press charges follows an investigation into...
RECENZE: Twin Mirror je solidní detektivka, ale hraje si na něco víc
10.12.2020
Lehce mysteriózní detektivka Twin Mirror sice solidně pobaví, od tvůrců, kteří jsou podepsání pod famózním Life is Strange bychom však přeci jen chtěli víc než jen lehký žánrový nadstandard
RECENZE: Twin Mirror je solidní detektivka, ale hraje si na něco víc
10.12.2020
Lehce mysteriózní detektivka Twin Mirror sice solidně pobaví, od tvůrců, kteří jsou podepsání pod famózním Life is Strange bychom však přeci jen chtěli víc než jen lehký žánrový nadstandard
Synthetic assets get real: competition for scalability, new markets heats up
6.12.2020
Two new synthetic asset and derivatives platforms look to take a slice of Synthetix’s pie
The Playable Pac-Man Is A Great Touch In Dontnod’s Latest Mystery, Twin Mirror
4.12.2020
Twin Mirror, the latest game from Life is Strange developer Dontnod, is a dark psychological thriller set in a podunk mining town. Like many a small town, the best thing about the fictional Basswood, West Virginia is the grungy old Pac-Man machine in the back of the local dive bar.Read more
Terra Brings 24-Hour Trading to Synthetic Versions of Stocks Like TSLA and AAPL
3.12.2020
The creators of the stablecoin platform Terra are launching Mirror Protocol, a way to mint crypto assets that mimic U.S. stocks
Galaxy Digital’s Q3 earnings mirror crypto euphoria
13.11.2020
Galaxy Digital reported a large uptick in trading volumes in the third quarter