People who profited from Mirror Trading International around the world may look forward to receiving a summons or letter of demand from the scam’s liquidators in South Africa.
Mirror Trading International was the biggest pyramid scheme ever operated in South Africa, with 39,193.3 bitcoins deposited into the scam over its lifetime. Timing was also a factor — the world was locked down following the outbreak of the Covid-19 pandemic. With many people cooped up and desperate for income, the circumstances provided fertile ground for MTI to grow into the
Meanwhile, the scheme’s liquidators have begun aggressively pursuing anyone who withdrew bitcoin from the scheme, including serving summonses on hundreds of former MTI members in South Africa. “Our correspondent is working with tracers to identify and locate the 12 unknown defendants,” Schabort & Potgieter stated.