Ina Opperman
Business Journalist
3 minute read
15 Nov 2021
4:30 am

Bitcoin scam probe in top gear

Ina Opperman

Spouse claims the payment was ‘for household expenses’.

Picture: iStock

This is what the Mirror Trading International (MTI) liquidators have found so far: 1 281 Bitcoin, three immovable properties worth approximately R6.5 million, more crypto wallets in the Seychelles, silver worth approximately R1.4 million and two expensive 2020 model Jaguar SUVs bought for approximately R3.2 million. MTI, a bitcoin-trading platform was placed into final liquidation in July. The liquidators also found that the kingpin, Johann Steynberg, paid R933 000 through his company, LNX Online, into the bank account of his wife, Nerine. She testified at the liquidators’ inquiry that this money was not owed to her and that she considered...