• About
  • Contact
  • Advertise
  • Privacy Policy
Saturday, June 25, 2022
No Result
View All Result
NEWSLETTER
Forsige Africa
  • Politics
  • Business
  • Sport
  • Entertainment
  • Technology
  • Politics
  • Business
  • Sport
  • Entertainment
  • Technology
No Result
View All Result
Forsige Africa
No Result
View All Result
ADVERTISEMENT

Victims of crypto investor on Africrypt in South Africa given half of their investment fund following the shutdown of the platform

by Abduljelil Yekini
December 30, 2021
in Business
A A
0
https://www.africa.forsige.com/breaking-news/ethiopia-displeased-following-us-decision-to-terminate-its-eligibility-for-africa-growth-and-opportunity-act-agoa/

https://www.africa.forsige.com/breaking-news/ethiopia-displeased-following-us-decision-to-terminate-its-eligibility-for-africa-growth-and-opportunity-act-agoa/

0
SHARES
Share on FacebookShare on TwitterShare on Facebook
ADVERTISEMENT

South Africa’s crypto investors in the Africrypt platform that has recently shut down have given to her investors back half of what they invest on the platform.

The payment was made by Pennython Project Management LLC to serve as a settlement offer in order to end the allegation against the Africrypts director of running away with the investor’s fund.

From information gathered from bitcoin.com, investors in Africrypt, a collapsed South African cryptocurrency investment platform, recently began receiving payouts from a so-called White Knight Investor.

While another report from itweb.com speculated the name of the Platform responsible for the disbursement of the fund to be Pennython project Management LLC.

Therefore, Africrypt investors have started seeing the payout after the investors had accepted to collect half of what they invested on the platform.

RelatedPosts

The Rwandan govt has handed over the country’s largest tea factory to small tea farmers in the country

Rwanda government to impose a tax on Netflix and other digital companies operating in the country

Comic book author, Sheena Donia, reveals that black mothers are women of dialogue

Load More

However, there are some factions among the investors who are not pleased with this half payment of their investment. While addressing the case, Ruann Kruger an attorney representing Africrypt provisional liquidators said that most of the investors accepted the proposal that in fact, a total of $8.4 million has been disbursed so far to investors.

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ShareTweetSend
ADVERTISEMENT
Abduljelil Yekini

Abduljelil Yekini

Next Post
Ethiopia national team became the first country to arrive in the host country, Cameroon

AFCON 2021: Ethiopia national team became the first country to arrive in the host country, Cameroon

In memory of the deceased hero, Desmond Tutu, Cape Town to hosts interfaith service to honor his death

In memory of the deceased hero, Desmond Tutu, Cape Town to hosts interfaith service to honor his death

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Breaking News

Silver Jubilee: Natasha Eulogizes Ohinoyi of Ebiraland as Most Enlivened

Silver Jubilee: Natasha Eulogizes Ohinoyi of Ebiraland as Most Enlivened

June 12, 2022
Lagos State Government bans Okada operation in 6 Local Governments of the State

Lagos State Government bans Okada operation in 6 Local Governments of the State

May 24, 2022
I will not retire from politics until I pursue my ambition, Tinubu insist

I will not retire from politics until I pursue my ambition, Tinubu insist

May 18, 2022
Atiku deletes tweet condemning the killing of Sokoto college studentAtiku deletes tweet condemning the killing of Sokoto college student

Atiku deletes tweet condemning the killing of Sokoto college student

May 13, 2022
Ex-President Jonathan join APC Presidential race

Ex-President Goodluck Jonathan join APC Presidential race

May 9, 2022
APC Southwest leaders resolve right of every aspirant to contest and exhibit unity among themselves

APC Southwest leaders resolve right of every aspirant to contest and exhibit unity among themselves

May 6, 2022
ASUU STRIKE: Students' faith is on the hang as the ASUU strike enters its 79th day

Students’ faith is on the hang as the ASUU strike enters its 79th day

May 4, 2022
Gov Fayemi officially joins presidential race, set to battle Tinubu and others for APC ticket

Gov Fayemi officially joins presidential race, set to battle Tinubu and others for APC ticket

May 4, 2022

‘Power belongs to the Almighty’ Maimako Danladi says as he declares to run for Plateau State House of Assembly

May 3, 2022
Eid al-Fitr: Muslim Faithful Celebrate Sallah

Eid al-Fitr: Muslim Faithful Celebrate Sallah

May 2, 2022

Connect with us

ADVERTISEMENT
ADVERTISEMENT

Popular News

    ADVERTISEMENT
    ADVERTISEMENT
    • About
    • Contact
    • Advertise
    • Privacy Policy
    Sponsorship/Partnership: africa@forsige.com

    @2022 - Forsige Media - All Right Reserved. Designed and Developed by Qlute

    No Result
    View All Result
    • Politics
    • Business
    • Sport
    • Entertainment
    • Technology
    • About
    • Contact
    • Advertise
    • Privacy Policy

    @2022 - Forsige Media - All Right Reserved. Designed and Developed by Qlute