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South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds – Regulation Bitcoin News

South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds
A South African court has granted liquidators of the collapsed bitcoin investment firm Africrypt the powers to track down missing investor funds. Also, as part of the court decision, Africrypt liquidators will now have the authority to sell assets and property belonging to the company.
Africrypt’s Evidence Under the Microscope
According to a report, the court decision follows recent claims that Raees Cajee, one of the collapsed firm’s directors, is opposing the final liquidation of Africrypt from his hideout in Tanzania. The latest decision by the South Africa court comes as doubts grow surrounding Africrypt directors’ claims of a breach by Ukrainian hackers.

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