Meet the young South African helping unravel the Africrypt scandal
Meet the young South African helping unravel the Africrypt scandal Hamilton Cheong. Image: Supplied, via Moneyweb There are several aspects to the Africrypt “hack” — reckoned to have lost R43-billion — that have caught the attention of law enforcement authorities across the globe. The first is the size of the reported theft at US$2.9-billion (or about R43-billion). It’s a figure so eye-popping huge that many have questioned whether this volume of money could have come out of South Africa. The other aspect of the theft that has law enforcement on high alert is whether this was the re...