The owner of the company also disappeared with bitcoin worth about Rs 26,700 crore, know the whole matter

The owner of the company also disappeared with bitcoin worth about Rs 26,700 crore, know the whole matter

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Africrypt, a cryptocurrency investment firm in South Africa, is under global scrutiny after $3.6 billion (about Rs 26,700 crore) of bitcoins went missing from the company. What is even more shocking is that the two brothers running the firm – CEO Raees Qazi and COO Amir Qazi – are not known. It all started two months ago, when the brothers claimed the firm had been hacked, forcing them to cease operations.

The brothers then forbade cryptocurrency investors from reporting the matter to the police, saying that if anyone did, the company’s wallet could put 3.6 billion worth of digital currency at risk. The company’s website is also not operational.

one of bloomberg report good According to reports, the calls of both the brothers are being forwarded on voice mail. A group of about 20 people has hired a law firm and courts in South Africa have ordered the temporary liquidation of that company. The company was started two years back and initially it gave huge returns to the investors.

register of report good As per reports, the whereabouts of 21-year-old Raees and 17-year-old Aamir are not known but they have time till July to appeal against the order. Investors were last approached on April 13 by both the brothers. They said they do not know whether customer information was compromised in the “attack.” However, they promised that they would notify all investors if they were able to recover “stolen funds or compromised information.”

Meanwhile, Zakira Lahar, her cousin and a former fellow director at Africrypt, has to receive a flurry of phone calls from the media and police to investors. business Insider Accordingly, he says that he does not know where the two brothers are and he fears for the safety of his family.

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