The CFTC, which oversees the commodities market in the USA, announced that the perpetrator in the $ 1.7 billion bitcoin fraud was Mirror Trading International.
According to the statement made by the Commodity Futures Contracts Commission (CFTC), South Africa-based Mirror Trading International “maliciously” used the bitcoins it collected from investors.
According to the statement, Cornelius Johannes Steynberg, the key name of Mirror Trading International, 29 thousand 421 bitcoins from 23 thousand American citizens took. Steynberg is also said to have received bitcoins from people in different countries.
CFTC, this event, “The biggest scam with bitcoin” as it describes.
When people deposit bitcoin in this system using advanced technologies thought they were sending money to an investment model. Mirror Trading International, on investors “passive income” up to 10% per month was promising.
According to the CFTC’s claims, Steynberg is not interested in the technology they use in this investment model. in false statements existed.
This system, which Steynberg installed, worked actively from May 2018 to the beginning of 2021. Mirror Trading International later into the bankruptcy process entry.