Biggest Exit Scam Ever?

The founders of South Africa-based crypto investment firm Africrypt have disappeared along with 69,000 bitcoins – worth an estimated $3.6 billion – according to a report from Bloomberg. In mid-April, Africrypt’s investors were sent an email claiming the platform was shutting down and freezing all accounts following a hack that compromised client accounts, wallets and nodes.Since freezing the accounts, the Cajee brothers apparently shuttered Africrypt’s website and have not returned investors’ calls, leaving many to believe that this is potentially one of the biggest crypto exit scams ever.

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Time Stamps:
$3.6 Billion Exit Scam - 0:00
Avoid "Guarantees" - 1:10
Scam Giveaways - 4:42
Hacked Profiles - 5:37
YouTube Impersonators - 7:38
Email Impersonators - 8:27

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#scam #crypto #bitcoin

[victorsilvey]

This is from my country, I am happy that I dodged this bullet.

[markparfett]

It’s way overstated. The true amount is closer to $15 mill.

[Porphyrogenitus]

Great video - these are absolutely everywhere!

[DuoduoFun_]

This message is to recognize your contribution to
the teams success. Your commitment had been
exemplary and your hard working is an inspiration
to everyone around you. You're a professional

[marcinudala]

I know a friend who traded with them too, she is currently working on getting a fair settlement, I'm curious to know how she dealt with them

[SLVBULL]

When greed takes hold there is no controlling it

[symphoniez]

The 5 down votes are the Africrypt founders and developers.

[abdullahnabbie]

And raees was in school with me, who would have known

[kb]

I like to respond to the scammers on that app what's, and send them links full of viruses and malware, such as will this wallet work? (inserts dangerous link)
But to each their own.

[diogonz]

calling themself africa? from wich country they are?

[hannahhope]

8:42 - Would you really say “I hope this message MEETS you well”? That sounds like ESL writing and is a huge red flag right there. 🚩

[freedomisdead]

The Company name was a huge red flag enough! Would you trust a Bangladesh or a Cambodia Crypto investment company???

[samuelgerard]

Thanks *Gratecyber!* The world has been pretty bad lately. Almost everyone have been crying practically, but it kept happening. That's what you get when you feel you can navigate the process on your own. Big thanks to you. I'm not bothered with how bad the world is because my assets are insured due to your advice and you still receive my money back you’re a pro

[chitownlew]

How do humans trust to send their crypto to 2 brothers 18 and 20 years old? Who are promising 10%/day returns? Something in this story doesn't add up. I just don't believe there are that many humans with Bitcoin that are that incredibly stupid.

[-jbd]

So when you sum it all up NEVER LET SOMEONE TRADE FOR YOU! do your research or learn from someone who been doing it for a while. Investing your money into a class is way easier than investing into someone who “trades for you” then steals your money.

[vasilissoupionis]

thumbs up because I was a fool to fall for the send x to get 2x back scam.

[AN--BhadangeSarthak]

Heh.. So much for "cryptocurrency is most secure currancy "

[ajedi]

They may have South African citizenship or not, but they look like their origins are from India; i would search and look for them there. I have nothing against indians, it just looks like they are originally from India.

[christianwhite]

You better be excellent at disappearing

[_Manimal_]

Do people do any research, who gives money to kids