South Africa brothers and Bitcoin Billionaires, Ameer Cajee (17) and Raees Cajeer (21), founders of Africrypt, have reportedly vanished with $4 Billion (R54 Billion), worth of Bitcoins.
This is the biggest Bitcoin fraud in South Africa, after the mirror trading Scandal earlier this year.
After R54 Billion disappeared from the crypto wallets of Africrypt, the brothers fled, to the UK.
Certain clients are known to have invested as much as R20-million.
The founders claimed that they were hacked and R54 Billion belongin to clients which includes celebrities was wiped out in 24 hours.
The company’s website has since gone offline.