Telegram: somebody had the audacity to ask about auditing of MTI.
Peter Muller's rather lengthy reply
Would it be - How many Bitcoin MTI have or what the dollar or rand value is of the Bitcoin ? Or how many if any withdrawals have been done ? Wether or not live trading is taking place ? Just a reminder MTI are in the crypto space - MTI does not deal with Fiat currency so its not easy finding and external audit company to carry this out. A PTY (Ltd) company does not have to publish their financials publicly although the hacker gave some insight to this information

I have been told however that in the new year MTI are hoping to have an audit done by a company such as KPMG or the like as they are or will have Crypto divisions do do this. To be very honest I have got to the point where my standpoint at this point in time is this: The Bitcoin balance is shown in the live trading stream If the FSCA believe MTI are a ponzi and that MTI are faking things then you have to aks yourself why have they not arrested anyone yet ? Johann and all the board of directors are fully exposed and not hiding anywhere as I do not believe they have anything to hide - they do not need to prove anything for anyone as they have shown the trading pool balance and have stated it openly on webinars the Bitcoin are there.
All the directors including Johann Steynberg know that they will end up in jail if they are committing fraud. From the people I know who have known Johann for years as well as his father and mother and who are still good friends with him now I do not get any feeling that MTI are doing anything other than what they are openly stating to everyone. There comes a time when you need to either trust the people who are running the operation or not. We all know that everyone has access to their Bitcoin at ANY time to withdraw it. I personally trust Johann Steynberg and others and we all have freedom to choose - NO gun held to the head - I'm certainly not going to try convince anyone to stake or leave their Bitcoin in MTI if they don't feel comfortable but I feel very comfortable having a lot of Bitcoin in MTI. Lastly Id like to ask this question - how many people have asked their banks if they will show them proof of all theirs funds and if they have enough money (and prove it) to pay everyone out if everyone requested their funds at the same time. I have that answer for you but Ill reserve the right not to answer it