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Africrypt founders back in South Africa years after platform collapse: Report

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 165 Views

Africrypt founders back in South Africa years after platform collapse: Report

Investigators say Raees and Ameer Cajee are back in South Africa years after Africrypt’s collapse, while investors still struggle to serve legal papers.

South Africa’s so-called “Bitcoin Brothers,” Raees and Ameer Cajee, have quietly returned to the country years after the collapse of their crypto investment platform Africrypt, according to a new TV investigation.

A segment aired Sunday by investigative program “Carte Blanche” said the pair is residing inside the gated Zimbali Estate in KwaZulu-Natal, MyBroadband reported on Monday. According to the report, journalists attempted to approach the property but were blocked by private security.

The team also reportedly traced the brothers to a holiday location in Umhlanga and a recent address in Johannesburg, but failed to make direct contact.

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