Mirror Trading International liquidation judgement reserved, but liquidators hopeful

Jan

Jan

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Massive fight to block Mirror Trading International liquidation

There was a massive battle in the Western Cape High Court to block the liquidation of get-rich-quick scheme Mirror Trading International (MTI).

This comes after the hearing for the final liquidation of MTI was delayed from 31 May to today — 15 June 2021.

MyBroadband has learned that judgement has been reserved in the matter, but the legal team which argued in favour of liquidating MTI is confident that the final liquidation order will be granted.

MTI was a South African network marketing scam that claimed to offer automated trading services — initially in forex and later in cryptocurrency derivatives. It accumulated billions of rand worth of bitcoin during 2019 and 2020.

Chainalysis named MTI the biggest cryptocurrency scam of 2020 in the most recent edition of its Crypto Crime Report.
 
After the liquidators take their "fair share" wonder how much will be left for the rest?
 
Why is that cow arguing anything, she and her redneck partner should be in prison
 
Surely the court must get guarantees that the realised funds are to returned to all members on an equitable basis and that costs of this must be fixed and rational in order to achieve this outcome? Who gave permission for the existing crypto to be sold? At what average BTC price was this achieved? Where are these funds now?
 
This case was a ****ing joke since we don't have laws against this kind of kak.

Clynton is probably reading this with a plate of caviar and a glass of bubbly, while looking at that fat bitch going, "check these idiots"
 
The_Ogre said:
This case was a ****ing joke since we don't have laws against this kind of kak.

Clynton is probably reading this with a plate of caviar and a glass of bubbly, while looking at that fat bitch going, "check these idiots"
Click to expand...
I disagree. There are stacks of laws against fraud and theft.
 
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