After Investors Fail to Withdraw Their MTI BTC; South African Court Grants Order to Liquidate Mirror Trading InternationalPosted January 01, 2021 by Bitcoin.com A South African High Court recently granted a provisional liquidation order against Mirror Trading International (MTI) following an application for relief by two investors who failed to withdraw their bitcoin. According to a statement released by lawyers of one of the aggrieved investors, this provisional order paves the way for the appointment of a liquidator to take control of MTI’s assets and liabilities.
The order by the Cape Town court came after the Financial Sector Conduct Authority (FSCA) reported receiving complaints from investors who failed to withdraw invested funds. The court’s decision also follows reports that Johann Steynberg, the CEO of the alleged online bitcoin scam platform, had skipped the country. At the same time, a statement released by MTI management alleges that Steynberg, who is no longer communicating with fellow executives, blocked his colleagues from accessing the company’s funds. The management team says it is now working with law enforcement as it tries to recover investor funds. Meanwhile, as one local publication reports, the court’s provisional order also calls on “creditors and interested parties to reconvene in early March to show why a final liquidation order should not be granted.” However, in the meantime, the provisional order “will now be served on MTI’s registered business premises.”
MTI Ditched by Lawyers
Nevertheless, the report explains that there are doubts that the court can successfully serve the CEO with the order since his exact whereabouts are unknown. News.bitcoin.com has previously reported that Steynberg fled to Brazil and left his wife Nerina in control of MTI’s funds. Furthermore, MTI’s former lawyers, Ulrich Roux, and Associates confirmed in a December 21 letter that the CEO had left South Africa. Interestingly, the lawyers used the same letter to announce the end of their business relationship with MTI. In the meantime, the law firm that represents one of the investors that approached the court, Luitingh, and Associates, says it is willing to assist other creditors and aggrieved investors to lodge claims against MTI. Aggrieved investors can download the liquidation form from a website dedicated to victims of the MTI scam.
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You can find your Bitcoin earnings bonuses inside the MTI platform back office. There are three (3) streams of income.
The first bonuses you receive are from daily trading. This trading is done behind the scene for you. No trading knowledge on your part is required. You can join the trading pool with a very small $100 USD minimum (in Bitcoin). Your Bitcoin is traded for you from Monday through to Friday.
Note the purpose behind Mirror Trading International is to grow your Bitcoin daily. You can check your compounding daily to see how it grows.
The next stream of income from Mirror Trading International is through a referral bonus. If you refer other people into this savings/earnings program you will receive a 10% referral bonus added directly to your account. You will see this in your income wallet inside your MTI back office.
The third stream of income is the binary profit sharing bonus. Having at least a $200 balance and by being binary qualified, having introduced 2 people under you (one for each of two legs) having $100 minimum balances in their accounts. The more people are introduced to this earnings program, the more everyone benefits from the growing binary bonuses.
Open Your MTI Account TodayOpen your free account(s) and become a MTI member today. A minimum deposit of $100 USD (in bitcoin) is required or $200 USD (in bitcoin) for the bonus program. You have a seven day period to make your deposit(s) before the registered account(s) close. Some useful links are provided below. Select the one that seems to catch your fancy.
*** You might like the term “ growbtc20x “; but, how quickly your account balance grows will also depend on how fast and if you desire to introduce newcomers into a MTI account.
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Looking beyond the three earning vehicles of a MTI account. Consider the scenario that many people face; needing funds for a comfortable retirement or paying for children’s college or university tuition fees and expenses. These certainly warrant significant amount of funds, perhaps still 2 years, 5 years, 10 years or more down the road. Opening an MTI account is very well suited for this. Having and using bitcoin is a new mentality that the masses are little by little growing accustomed to. The use of bitcoin (and other altcoins) is still very much in its infancy requiring time to becoming mainstream; but, becoming used by the public is inevitable. Based on simple demand and supply the price of BTC (i.e. bitcoin) has to go up or appreciate. Therein lays the upside potential. Financial crypto supporters of/for BTC are anticipating the price soaring to the likes of $500k to one million dollars if not more, in the near coming years. This price appreciation in itself would well position earnings accounts like MTI for members and easily sustain people’s need for larger funds that are typically planned for.
Simply open a MTI account today; deposit a minimum of $200 worth of BTC. Then under you open two (or more) additional accounts for a couple of children or spouse etc. requiring a minimum of $100 worth of BTC to be deposited. The program is structured that new accounts you introduce, you are to ideally place equally into two legs (left or right) under you. This will activate entitlement to a growth plan:
– daily earnings of 0.5% to 0.55% (this is not guaranteed but appears to be the typical average) from the trading undertaken by MTI,
– a 10% referral earning for new members that you bring into MTI under you,
– bonus earnings based on the account membership growth beneath you. The more you or your underlying members introduce others into a MTC account, the more bonus earnings each in turn receives for their efforts.
So in the scenario described above, you will have netted a 10% referral or $20 (in BTC) for the two family members you introduced under you into MTI. This small amount could be worth over $2,000 in a few years if/when BTC reaches $1 million. Now consider if in fact you were to have more funds in your account and what that could easily amount to!
Consider some perks of a MTI account
■ No bank or savings account pay a return anything close to what you can earn from having an MTI account. If MTI maintains a low 0.5%** minimum daily (ea. weekly) payout to your account Monday through Friday, 52 weeks of the year, you will have received a 130% return. You will NOT find an annual return** of close to that from any savings account or bank account.
■ MTI trades on the forex market and grows each member account in bitcoin
■ You have ability to actually work on building up your account funds
■ There are no withdrawal fees with MTI. Send what funds you wish to your destination wallet address. You may withdraw your bitcoin as frequently as you like from your account without any charges.
■ There are No costs, No fees, No trading experience needed and participation is quick and simple.
■ It is easy to open a MTI Account; if you don’t have sufficient funds readily available you have a seven (7) day period to make your deposit.
** Past performance is no guarantee for future performance.
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Interview with MTI Johann Steynberg CEO
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Mirror Trading International provides November 2019 onward to present continuing trading income results
Continuing MTI member’s income returns of earned bitcoin regarding MTI trading results (availability is provided – CLICK HERE). Always remember the information of trading results and income returns are historical details ONLY and are not a guarantee of future results or returns. Having accessed the website, you acknowledge having also read the disclaimer.
Mirror Trading International provides in April 2020 a 5 week (monthly) return in investment of 11.60%
Mirror Trading International provides in March 2020 a 4 week (monthly) return in investment of 10.072%
Mirror Trading International provides in March 2020 the trading week end of the 27th a return of 2.5845%
Mirror Trading International provides in March 2020 the trading week end of the 20th a return of 2.7204%
Mirror Trading International provides in March 2020 the trading week end of the 13th a return of 2.3405%
Mirror Trading International provides in March 2020 the trading week end of the 06th a return of 2.4265%