The regulator has imposed R10-million in penalties and 20-year debarments over trading in shares in September 2022.
Browsing: Altvest Capital
South Africa’s financial services sector regulator has debarred Africa Bitcoin Corporation CEO Warren Wheatley.
Africa Bitcoin Corporation, formerly Altvest Capital, is moving its JSE listing from AltX to the main board.
Africa Bitcoin Corporation is handing a 4% stake in the company to a newly appointed financial adviser.
Altvest has appointed Stafford Masie as executive chairman and tasked him with leading its bitcoin treasury strategy.
Altvest is changing its name to The Africa Bitcoin Corporation and plans to issue shares to raise capital for its bitcoin treasury.
The move by Altvest, which emulates US company MicroStrategy, will “fully comply with relevant financial regulations”.
Warren Wheatley and Stafford Masie tell the TechCentral Show about their involvement in a bid to buy into the Springboks.