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South African Brothers Vanish With $3.6Bn In Bitcoins - Investment (3) - Nairaland

Nairaland Forum / Nairaland / General / Investment / South African Brothers Vanish With $3.6Bn In Bitcoins (33202 Views)

EFCC Docks Funmi Adenmosun For Alleged N26.6bn Investment Fraud In Lagos / South African Brothers Vanish With $3.6 Billion In Bitcoin / Zenith Bank Grows Earnings By 2.92% To N331.6bn In H1 2019 (2) (3) (4)

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Re: South African Brothers Vanish With $3.6Bn In Bitcoins by TMKsouth: 1:11pm On Jun 24, 2021
Their faces.

Re: South African Brothers Vanish With $3.6Bn In Bitcoins by Nobody: 1:23pm On Jun 24, 2021
TMKsouth:
Their faces.
No be Indians be that? Sha some people are terribly evil, but greed to is a major player in this. All scammers deserve solitary confinement or terrible torture.

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Re: South African Brothers Vanish With $3.6Bn In Bitcoins by bukarolz: 1:25pm On Jun 24, 2021
There is nothing like cryptocurrency investment platform. Only gullible and greedy ones will fall for it. By the way, why should people investment hard-earned money with 17 & 20 yr old directors? What's their experience? What's their qualifications? What business model do they know?

Blockchain technology is a game for the intellectuals. Get a training and trade directly and stop gambling with your life. No matter what, cryptocurrency is the currency for this generation and generations to come as long as Blockchain technology, AI, and IoT flourish.

1 Like

Re: South African Brothers Vanish With $3.6Bn In Bitcoins by TMKsouth: 1:28pm On Jun 24, 2021
SegFault:

No be Indians be that? Sha some people are terribly evil, but greed to is a major player in this. All scammers deserve solitary confinement or terrible torture.

I'm also not surprised it's Indians, when u consider how they do business. And in SA we still dealing with the aftermath of the Gupta's having stolen billions of dollars from the state with the aid of Jacob Zuma.

Funny enough this Bitcoin story is not getting attention in SA.

1 Like

Re: South African Brothers Vanish With $3.6Bn In Bitcoins by PlanktonX: 1:31pm On Jun 24, 2021
mrfreestuff:
It's about time crypto is seriously regulated or banned outrightly the Chinese way.
Something has to give way to end this reign of fraudsters. Crypto is a scam and Ponzi scheme.

So because a reckless driver killed someone with a car, all the cars in the world should be burnt!!!

Do you know how many times self -driven cars have had fatal accidents, do the people call the project a total failure and disaster?

Do you dry up the ocean because someone without a life jacket drowned in it?

Is like saying that, that your android phone should be taken and destroy because some new modified apps are stealing people's data and money.

The world needs Solution! Solution! Solution!!!
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by Nobody: 1:31pm On Jun 24, 2021
TMKsouth:


I'm also not surprised it's Indians, when u consider how they do business. And in SA we still dealing with the aftermath of the Gupta's having stole billions of dollars from the state.

Funny enough this story is not getting attention in SA.
Those people ehn, they are worse than Nigerians in terms of scamming, the world has started seeing them in a bad light.

1 Like

Re: South African Brothers Vanish With $3.6Bn In Bitcoins by Nobody: 1:34pm On Jun 24, 2021
TripleOh7:
They can be caught. Nothing is untraceable.

If that money enter monero. Kiss it goodbye
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by Nobody: 1:35pm On Jun 24, 2021
Biafranboys:
You Nigerians are the problem of Nigeria, how come nobody is insulting them? I have always said it Nigerians do not scam people we just make noise, if the name was a Nigerian name the same Nigerians would be cursing their own people, but now na south Africa all of you are quiet, you see South Africans on nairaland curse them? Make una receive sense

Funny enough Russia even protects its hackers that are hitting US firms for crypto bounty
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by TMKsouth: 1:36pm On Jun 24, 2021
SegFault:

Those people ehn, they are worse than Nigerians in terms of scamming, the world has started seeing them in a bad light.

But these ones are South African Indians - they are a much softer. The Guptas were real hardcore Indians.

I still don't know who's worse between Indian and Nigerian scamming grin Maybe the Indians have perfected the art while Nigerians are boastful about their ill-gotten ills - hence the notoriety.
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by Nobody: 1:38pm On Jun 24, 2021
TMKsouth:


But these ones are South African Indians - they are a much softer. The Guptas were real hardcore Indians.

I still don't know who's worse between Indian and Nigerian scamming grin Maybe the Indians have perfected the art while Nigerians are boastful about their ill-gotten ills - hence the notoriety.
grin forget naija scammers, it's boastfulness that puts them in the limelight, the indians are the real demons in terms of fraud.
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by samsard(m): 1:44pm On Jun 24, 2021
Sebastine1994:
"Rule Number One: Never Lose Money. Rule Number Two: Never Forget Rule Number One"

so long as Bitcoin remains a speculative asset, it would never work in the real world. Bitcoin would favor us if it is used as a global currency.

our brothers will no longer run to the United States to find work because of better exchange rates

America will lose its power of control, that is why they stopped mark Zuckerberg Libra currency.

America government wants to discourage the world from using crypto currency, because that would be the downfall of America, migration and etc. it would reshape the world
It would take a lot more than crypto to discourage any sane person from relocating to a first world country. Crypto will not magically improve healthcare, education, security etc here.
Cryptocurrency is issued by random individuals and a tool for laundering money; only a dumb government would let people use it unrestricted and as a global currency. Unless of course you're talking about government issued crypto which can be easily monitored.
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by pickatyouu: 2:00pm On Jun 24, 2021
mrfreestuff:
It's about time crypto is seriously regulated or banned outrightly the Chinese way.
Something has to give way to end this reign of fraudsters. Only scammers are scared of putting end to their fraudulent crypto activity so FG should move in fast before crypto fraudsters undo their efforts in reducing poverty and defending the naira against those buying it to pump and dump worthless virtual cryptos. FG act now, please !
FIRS has been embarrassingly silent too. Those Nigerians dashing their money to crypto fraudsters need tax evaluation as well. If you can rein in Twitter, you can rein in those floating and sustaining the climate for crypto fraudsters in Nigeria too. If China can do it so we can. Do not fall for the crypto marketing hype to bait you , Crypto is a scam and Ponzi scheme.

When u don't understand how things work, you foolishly or out of greed get duped, then the next thing is that it's scam.

Believe it or not crypto and defi is the future.

1 Like

Re: South African Brothers Vanish With $3.6Bn In Bitcoins by sulaak(m): 2:08pm On Jun 24, 2021
Always be careful with people selling unrealistic opportunities

Re: South African Brothers Vanish With $3.6Bn In Bitcoins by ICEWIN: 2:09pm On Jun 24, 2021
mrfreestuff:

Because putting a stop to this scam and scammers requires the attention of the political class especially those in the National Assembly. They need to make the laws to regulate it to fence out these scammers.
Part of the money stolen by these criminal SA brothers includes money from Nigerians. Crypto is a scam and Ponzi scheme until it becomes regulated. Don't ever put your hard earned money in Crypto.
IT SHOULDN'T BE REGULATED,THEY SHOULD LEAVE IT THE WAY IT IS,IT CANT BE TRACE,IT CAN BE REGULATED BY ANY GOVERNMENT,THE VALUE OR WORTH WILL BE FLAW OR GAIS NOT A LEGAL TENDER,CUZ THE RISK IS TOO MUCH.
NIGERIA AND OTHER ADVANCE COUNTRY GAVE WARNING,BUT CITIZEN CHOOSE NOT TO ADHERE TO IT.
NOW THERE HARD EARN COIN IS GONE.
ACCORDING TO THE POST,THEY REPORT THE CASE TO POLICE,POLICE SAID THERE IS NOTHING THEY CAN DO.
ANYBODY WEY DEY INSIDE BITCOIN,JUST NO SAY NA RISK,EVEN ME GET BITCOIN BUT I CHOOSE NOT TO OBEY THE GOVERNMENT AND TOP FINANCIAL EXPERTS
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by TMKsouth: 2:17pm On Jun 24, 2021
SegFault:

grin forget naija scammers, it's boastfulness that puts them in the limelight, the indians are the real demons in terms of fraud.

Ah well, all of them should be condemned.
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by witworth(m): 2:21pm On Jun 24, 2021
3.6 billion dolls... Omo this one loud pass hushpuppi own o.
Na wa o.
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by aoshea18: 2:41pm On Jun 24, 2021
mrfreestuff:
It's about time crypto is seriously regulated or banned outrightly the Chinese way.
Something has to give way to end this reign of fraudsters. Only scammers are scared of putting end to their fraudulent crypto activity so FG should move in fast before crypto fraudsters undo their efforts in reducing poverty and defending the naira against those buying it to pump and dump worthless virtual cryptos. FG act now, please !
FIRS has been embarrassingly silent too. Those Nigerians dashing their money to crypto fraudsters need tax evaluation as well. If you can rein in Twitter, you can rein in those floating and sustaining the climate for crypto fraudsters in Nigeria too. If China can do it so we can. Do not fall for the crypto marketing hype to bait you , Crypto is a scam and Ponzi scheme.


You sound like an uneducated person which is sad because your sentences are properly constructed. I would like you to tell me the difference between trading FOREX and trading crypto. You posted a topic about a scam and decided to give your bias and myopic views on the topic. What FG are you calling on? The AG of the federation was caught with a crypto wallet on his shared screenshot. Did this scam happen in Nigeria? What poverty alleviating efforts are you talking about? You sound so crass, its almost unbelievable. "Ignorance seems to be bliss" in your case.
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by iLegendd(m): 2:42pm On Jun 24, 2021
What's Cry.pto or Bitcoin? I don't even know what it is, so I'm outta here.
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by VicM6: 2:47pm On Jun 24, 2021
dem go dey shout bitcoin like bubu... see d result o
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by ramatintin(m): 3:22pm On Jun 24, 2021
mrfreestuff:
It's about time crypto is seriously regulated or banned outrightly the Chinese way.
Something has to give way to end this reign of fraudsters. Only scammers are scared of putting end to their fraudulent crypto activity so FG should move in fast before crypto fraudsters undo their efforts in reducing poverty and defending the naira against those buying it to pump and dump worthless virtual cryptos. FG act now, please !
FIRS has been embarrassingly silent too. Those Nigerians dashing their money to crypto fraudsters need tax evaluation as well. If you can rein in Twitter, you can rein in those floating and sustaining the climate for crypto fraudsters in Nigeria too. If China can do it so we can. Do not fall for the crypto marketing hype to bait you , Crypto is a scam and Ponzi scheme.
keep kwayet you backward looking imp
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by Iceyjayz: 4:07pm On Jun 24, 2021
TMKsouth:
Their faces.
Thank God y'all lazy coons didn't blame Nigerians this time around, I'm marveled
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by authority2006(m): 4:23pm On Jun 24, 2021
Hambivert:
Two South African Brothers, yet they would carry that their xenophobic mouths to start screaming that Nigerians are their problems.

Anyways, it is sparogative to note that crypto is here to stay regardless of fraud or conspiracy theorists. In Nigeria, it is proving better as days go by to convert your Naira to USDT than to keep hoping "say one day e go better for Nigeria and the Naira"

But you and your likes are still spending naira. Crypto is nothing but scam
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by authority2006(m): 4:26pm On Jun 24, 2021
Marvieduke:
Why I do feel it all was already a laid down plan to scam their investors

They wouldn't know until it happens.

1 Like

Re: South African Brothers Vanish With $3.6Bn In Bitcoins by authority2006(m): 4:27pm On Jun 24, 2021
Jackbaur88:
Investments in Crypto that promises interest at a given period is scam.
The best way to trade Crypto is buy and hold good projects. It may take long, but then you will make it big

Big fat lie!
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by authority2006(m): 4:28pm On Jun 24, 2021
afroxyz:


So Wall street banks and billionaires are investing in scam? Please go back to your village and farm

Your so called Wall Street and billionaires, what are they themselves?
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by authority2006(m): 4:31pm On Jun 24, 2021
Adakintroy:
Becuase iniquity shall abound. The love of men will wax cold.

The other day it was one addyflex that closed up with people investing millions. My friend put his father investment in it. The man is old and retired. So that he can be generating little more since he can't work.

This are the people that will come out with suit and tie and will drive venza around and they will be respected as business mogul. Christ call them.m menwho are pretty and white on the outside but inside are filled with dead men bones.

Money worship is killing us off slowly.


Smart guy, his dad will be very proud of him. I guess he didn't have an idea of any business to go into except the scam called crypto?
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by authority2006(m): 4:32pm On Jun 24, 2021
Toks2008:


Another presumed leader of tomorrow.

So Banks and beareau de change are all greedy cos they also invest in currencies whether online digital currency or offline paper currency.

No wonder we have old backward thinking people leading us in Naija when even the presumably educated younger generation reason this way.

Are they not greedy?
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by mordred44: 4:43pm On Jun 24, 2021
Yahoo bit
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by MIKOLOWISKA: 4:53pm On Jun 24, 2021
mrfreestuff:

Because putting a stop to this scam and scammers requires the attention of the political class especially those in the National Assembly. They need to make the laws to regulate it to fence out these scammers.
Part of the money stolen by these criminal SA brothers includes money from Nigerians. Crypto is a scam and Ponzi scheme until it becomes regulated. Don't ever put your hard earned money in Crypto.
how many laws made by politicians has ever benefited you
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by Adakintroy: 5:48pm On Jun 24, 2021
authority2006:


Smart guy, his dad will be very proud of him. I guess he didn't have an idea of any business to go into except the scam called crypto?


So if person de find road, because him no know him way you go direct am lost.

Remember everyone have a blind side.
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by Adakintroy: 5:48pm On Jun 24, 2021
authority2006:


Smart guy, his dad will be very proud of him. I guess he didn't have an idea of any business to go into except the scam called crypto?


So if person de find road, because him no know him way you go direct am lost.

The way una take sharp na reverse mugu.
Re: South African Brothers Vanish With $3.6Bn In Bitcoins by Codes151(m): 6:46pm On Jun 24, 2021
Okay it wasn't Nigerians.

So atleast they will hide that one

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