Coining it: Durban brothers vanish amid ‘R51bn’ crypto scam
Africrypt is said to be one of the most brazen scams in SA history and, if the numbers are right, one of the biggest
24 June 2021 - 20:35
According to this astonishing Bloomberg story (https://www.bloomberg.com/news/articles/2021-06-23/s-african-brothers-vanish-and-so-does-3-6-billion-in-bitcoin?srnd=premium-africa&sref=EAoyZLYq), a little-publicised Durban-based outfit called Africrypt, run by two barely 20-something brothers, Raees and Ameer Cajee, has apparently closed down after allegedly being “hacked” some time in April this year...
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