Tag: Africrypt Ponzi scheme

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Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested Funds

December 26, 2021

Investors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors. White Knight Investor Identity Revealed Investors in Africrypt, a collapsed South African cryptocurrency investment…
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Another Unnamed Investor Offers to Bail Out Collapsed South Africa Crypto Firm

December 8, 2021

A new unnamed investor has offered to bail out Africrypt, the collapsed South Africa-based crypto investment company, with $5 million. The offer, which does not require criminal charges against Africrypt directors to be dropped, must be accepted within seven days. A Better Offer A new mystery investor has offered to bail out the collapsed crypto…
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