Latest Cornelius Johannes Steynberg News

Golden Bitcoins Cryptocurrency with Handcuffs on Dollar bills

Business 16 November 2023

US securities, commodities regulators took the fight to ‘crypto’ crooks in 2023

U.S. regulators made their stance about 'crypto' clear, with the SEC taking 784 enforcement actions against 'crypto' firms and individuals in 2023, while the CFTC filed 96 digital asset cases.

Business 12 September 2023

South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case

Mirror Trading allegedly scammed 30,000 BTC from over 23,000 American investors, which it misappropriated, and CFTC imposed restitution of over $1.7 billion.

close up of hands holding folded dollar bills

Business 2 May 2023

Mirror Trading boss fined over $3B in US over unlawful crypto Ponzi scheme

South African national Steynberg was charged with the offense of operating a multi-level marketing scheme, which stole over 29,421 BTC from thousands of investors.