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R1 billion in Bitcoin recovered from previous MTI broker
FXChoice, the broker originally used by defunct get-rich-quick scheme Mirror Trading International, has transferred around 1,200 bitcoin that laid frozen in an account since June 2020.
The funds were transferred to a liquidator in South Africa at the authorisation of the Financial Services Conduct Authority (FSCA), FXChoice stated.
Mirror Trading International (MTI) was a scheme that claimed to offer automated trading services — initially in forex, and later in cryptocurrency derivatives — with growth rates of between 0.5% and 1.5% per day.
FXChoice, the broker originally used by defunct get-rich-quick scheme Mirror Trading International, has transferred around 1,200 bitcoin that laid frozen in an account since June 2020.
The funds were transferred to a liquidator in South Africa at the authorisation of the Financial Services Conduct Authority (FSCA), FXChoice stated.
Mirror Trading International (MTI) was a scheme that claimed to offer automated trading services — initially in forex, and later in cryptocurrency derivatives — with growth rates of between 0.5% and 1.5% per day.