Liquidators of Mirror Trading International (MTI) have attacked the claim that declaring the collapsed bitcoin investment platform an unlawful scheme would jeopardize investors’ chances of recovering their funds.
The Unsubstantiated Claim
South African liquidators of Mirror Trading International (MTI) have rejected the claim that declaring the collapsed bitcoin investment platform an unlawful operation would result in victims losing everything. The liquidators suggested that the “unsubstantiated” claim is being propagated by a few MTI investors and their legal representatives. According to a Mybroadband report that cites a circular issued by Investrust, the liquidators are adamant that there is no evidence that supports the claims. The report said:The available evidence is overwhelming and uncontroverted: MTI was a massive fraudulent scam, and this will remain the position.The liquidators also warned MTI investors who stand to lose everything that they should not be hoodwinked by claims that the business only collapsed due to “bad trading.” In their circular, the liquidators insist MTI was from the start a “scheme run by top-tier investors and promoters to milk bitcoin from later investors and the lower tiers daily.”
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