Investors in the collapsed bitcoin scheme Mirror Trading International are facing a dwindling pool of assets.
The auditor report says 32 285 bitcoin were paid out to investors before its collapse, leaving a shortfall of 6 908, worth about R7.7 billion. Tracking down this missing bitcoin has so far proved impossible. MTI investors have lodged claims of R1.62 billion as of April 2024. A further amount of R120.4 million in fees was paid to liquidators according to the June 2023 liquidation and distribution account – a figure that will have grown since then and which has raised eyebrows among many investors.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: