South Africa’s Financial Sector Conduct Authority has warned the public to be cautious in dealing with Binance, the world’s largest cryptocurrency exchange.
Browsing: Brandon Topham
A Financial Sector Conduct Authority health warning on cryptos comes amid a flood of complaints from investors who lost money or were scammed, says head of enforcement at the regulatory body, Brandon Topham.
The Financial Sector Conduct Authority wants more power to prosecute perpetrators of fraud and oversee dealing in cryptocurrencies after the collapse of a bitcoin trader.
The investigation into a failed South African bitcoin trader is deepening as provisional liquidators appointed to seize control of Mirror Trading International seek to widen the scope of their inquiry.
A group called Anonymous ZA has dumped what it claims to be the entire transaction history of Mirror Trading International, which has been accused of being a Ponzi scheme – a claim denied by the company’s management.