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0 sats \ 0 replies \ @KenyaCoin OP 8 Jan 2022 freebie
"According to Brazilian press reports, the police found Steynberg in possession of two fake IDs, two laptops, a cellphone and six credit cards."
https://www.moneyweb.co.za/news/south-africa/mtis-johann-steynberg-arrested-in-brazil
0 sats \ 0 replies \ @KenyaCoin OP 8 Jan 2022 freebie
Here's an example of another ponzi scheme (Crowd1) that preyed on Africans:
BBC Documentary - Unmasking the Pyramid Kings: Crowd1 scam targets Africa (51 minutes):
https://www.youtube.com/watch?v=M0EjjArvzXA&t=1s
0 sats \ 0 replies \ @KenyaCoin OP 8 Jan 2022 freebie
Technically, it wasn't a "bitcoin scam" ... it was a ponzi scam in which bitcoin was the (primary, or only?) payment method the scammer organization (MTI) accepted.
0 sats \ 0 replies \ @KenyaCoin OP 8 Jan 2022 freebie
"The investigation also found that MTI had over 16,000 Bitcoin of claimed customer investment funds unaccounted for."
0 sats \ 0 replies \ @KenyaCoin OP 8 Jan 2022 freebie
Here's the link for the Chainalysis claim of this being the "biggest bitcoin scam of 2020"
https://mybroadband.co.za/news/cryptocurrency/386664-south-africa-had-the-biggest-bitcoin-scam-in-the-world-in-2020.html