Two brothers in South Africa have disappeared along with $3.6 billion worth of bitcoin that was housed on their cryptocurrency investment platform, according to a Cape Town law firm hired by investors to investigate the alleged heist.
The brothers, Ameer and Raees Cajee, set up their crypto investment service, Africrypt, in 2019.
But in April, as the price of bitcoin surged to an all-time high, Ameer, who serves as chief operating officer of Africrypt, sent an email to investors telling them that the company had been hacked.
Ameer asked clients not to report the incident to authorities or lawyers, saying that it would slow down their efforts to recover from the hacking.
But a group of skeptical investors contacted Hanekom Attorneys, “which focuses on all aspects of the cryptocurrency industry” and advises “large volume traders, exchanges and arbitrage companies.”
Good Luck to recoup the loss. Just a thought
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