Public health graduates: How they can alleviate the burden on SA…scheme that made headlines in September 2020 when a group calling itself Anonymous ZA exploited vulnerabilities in its poorly coded website.
MTI is credited by Chainalysis as the biggest crypto ponzi scam to date and it is also believed to be the biggest ponzi scheme in South African history. This translates to an impressive yearly growth rate of over 180% if trading daily, or approximately 130% per annum with five trading days a week.Not only did they relieve everyday hard-working South Africans of their cash but also wiped the pension pots of thousands of unsuspecting pensioners in South Africa and beyond.Numerous individuals commenting on the matter contend that the genesis of this debacle can be traced back to a prior undertaking known as BTC Global.
However, this time round they weren’t simply investors, they became recruiters. In the process, thousands of new investors joined the scheme. Anonymous ZA exposed significant security vulnerabilities in MTI’s online systems and skillfully utilized them to extract crucial information regarding the inner workings of the scheme.
It is important to note that whilst the allegation has been made that Steynberg is the brains and held the keys to the supposed digital revolution they were touting, he doesn’t seem to hold any technical qualifications nor have any verified sources come forward to attest to his technical prowess.Mr Marks does not appear to have a history in technology companies but was a 50% shareholder in MTI and also the Upline to Mr Steynberg.
With a background as an estate agent and legal secretary, Monica’s skills were put to work in her new position. Willie Breedt, a distinguished individual and a member of the Founder Pool in MTI, deserves recognition. Through careful analysis of the email address associated with his account in MTILeaks, it becomes apparent that he is indeed the same person who previously held the position of CEO at the now-defunct VaultAge Solutions.News24earlier this year that Breedt is accused of scamming around 2,000 investors out of an estimated R227 million through VaultAge.
Ultimately they have a role to play and a function to perform in order to bring this sordid affair to a close.arrested in Brazil
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