BIGGEST HEIST IN SOUTH AFRICA

Bitcoin is a crypto currency that's a virtual currency designed to act as money and a form of payment outside the control of anyone thus removes third-party involvement in financial transactions. It can be purchased in multiple transactions. 

Started in 2009 by anonymous group of developers using the name Satoshi Nakamoto. It was developed for people to send money over the internet. Free of traditional control. 

Viet money is used to create dept and having us trapped in poverty and keeping us in superior governments like the Federal Reserve Bank of America. Bitcoin control US Dollar. So, this means the US controls it's flows and movements. 

This is why the U.S government has so much power in the global economy and they can never be sanctioned but they can sanction other countries. USD is the Most traded currency in the world. The U.S can manipulate Bitcoin. 

South African gold resources are backed by gold mining. Same with Bitcoin relying on Bitcoin mining to create this decentralised system. 

Bitcoin mining refers to energy intention process required to produce new coins and ensure the payment network is secured and verified. 

The electricity used when transactions are validated on the Bitcoin Blockchain and the mining process is certainly not good for the environment/country. 

Elon Musk said he will stop accepting bitcoin US payment because of environmental issues. Bitcoin lost 5% in less than ten minutes. 

FSCA is regulatory body of finance in South Africa. Capitec, Nedbank,Absa have to be licensed to become financial service providers. 

Africypt founder and CEO Rai Cajee first learned of Bitcoin in 2009 while watching news with his father. Said the company.

His first crypto currency business started at the age of 13, in Robinso, South of Johannesburg. When he was 18 he developed Artificial intelligence trading technology and made millions every month. 

Rai started crypto currency investments with his brother. Red flag offered astonishing returns for their customers and these customers were used to recruit another clients. 

A report in 2020 proved that Africyt achieved returns as high as thirteen percent. He was intelligent and convincing. 

He then went missing with 3.6billion Dollars. Rai kajee said R75 million was stolen when the platform was hacked. He also claimed that at the height of cryptocurrency they were making $200 million or R3million. 

Group of clients wanted liquidation against Africypt on the 19th of April 2021. The the Cajee brothers disappeared....

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