I need some help regarding claims made b...

Asked by StreetJimmy on 24-06-2024 22:16:50
Question posted in the General Law category relating to Gauteng

I need some help regarding claims made by Mirror Trading International (MTI) liquidators concerning Bitcoin transactions linked to my accounts. Here's a brief overview of my situation:

Background:

MTI operated a fraudulent scheme, as confirmed by the court in Case No.: 15426/2021. The court found that MTI's business model was illegal and that all agreements with investors were invalid from the start. Despite the court's findings and my net loss, MTI's liquidators are claiming that I owe them Bitcoin. I believe these claims are unjust and unfounded, considering the fraudulent nature of their operations. I had two accounts, one that drew a profit, and the main one, which resulted in a net loss for all combined, they are trying to get the bitcoin out of the one that has a net gain, but all and all, I am in a net loss :(

thank you for your time and consideration. Any advice or guidance would be greatly appreciated.

If you would like to view the entire answer, you will need to either login or register a FREE account.

Disclaimer

DISCLAIMER: Advice or answers from Lawyers on South African Legal Advice are not substitutes for the proper advice of an Lawyer. South African Legal Advice is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Lawyer who assists with your question is not your Lawyer, and the response above is not to be considered to be legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains. The responses above are from individual Lawyers, not South African Legal Advice. The site and services are provided “as is”. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service.