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Mukshith.verse
2023/02/28 12:58
Mirror Trading International Liquidators Spent More Than $6 Million on Lawyers and Investigators
Liquidators of the now defunct bitcoin trading platform, Mirror Trading International have so far used approximately $4.2 million on expenses such as lawyers’ or consultants’ fees. Between Jan. 23, 2023, and the date of their appointment, liquidators claimed to have recovered approximately $770,000 which belonged to MTI.
Liquidators’ Fees
Liquidators of the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) have so far spent approximately $4.9 million (90.2 million rands) on lawyers and consultants since assuming control, a report has said. According to a Mybroadband report, a total of approximately $6.1 million has so far been disbursed while a further $7.3 million is earmarked for liquidators’ fees.
In April 2021, a Bitcoin.com News report said more than $70 million was raised from selling 1,281 bitcoins belonging to MTI. A few months later, another report said more than 8,000 BTC belonging to MTI had been “traced” and that investigators were on track to finding more.
However, according to the report, between Jan.23 and the day they took control of MTI assets, liquidators have so far recovered around $770,000. While liquidators are said to be expecting an “exponential increase in the amount recovered from the so-called net winners,” they are less certain about the growth rate of their expenditure.
According to the blockchain intelligence firm, Chainalysis, MTI was the biggest crypto scam in 2020 which netted more than $500 million for the scheme’s masterminds.
#Get Ready for HTX's #11 PrimeVote#Money hack: Soaring crypto
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r****@gmx.us
It's amazing
2023-03-01 09:51ReplyLike
the****@gmail.com
I was able to recover all my lost assets and bitcoins through Victoria E Morgan on (FB), please send her a W.h.tA. pp at .+4 '4 '7 '3 '7 '8 '5' 0' 9' 9' 3' 0' 📲✅💯
2023-03-01 07:27Reply1
i96r8ymw0.verse
Keep giving more information
2023-03-01 04:19ReplyLike
i96r8ymw0.verse
Getting more information
2023-03-01 04:19ReplyLike
EleanoreEYpk.verse
good article
2023-02-28 14:40ReplyLike
EleanoreEYpk.verse
Good info keep doing good
2023-02-28 14:40ReplyLike