Tag: Africrypt

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Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million

November 12, 2021

An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped. Offer Must Be Supported by 75% of Creditors According to a report by…
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Directors of Collapsed South African Crypto Investment Firm to Testify via Virtual Platform

September 19, 2021

Ameer and Raees Cajee, the two directors of the South African crypto-investment platform, Africrypt, are set to participate in an inquest that seeks to seal the fate of the collapsed firm. The Death Threats According to an Itweb report, the Cajee brothers — who have agreed to testify on October 19 and 20 — will…
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