Fun

MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers

News Feed - 2021-07-21 12:07:11

MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers


Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability to trace and recover their missing bitcoins. This warning from the court-appointed liquidators was made after reports emerged that several MTI investors had received such bogus offers from individuals claiming to be agents for cryptocurrency organizations. Fake Agents


According to a report, these so-called agents have been asking MTI investors that may be interested in their services to pay them in bitcoins. However, in his warning to investors, MTI joint liquidator Adriaan van Rooyen dismisses the agents’ claims. He said: We have information that MTI members are being contacted by people purporting to be agents with access to MTI’s database. These agents are falsely claiming they can recover bitcoin deposited by members into MTI. This is clearly yet another attempt to defraud members of the MTI. Only the provisional liquidators have access to the MTI database, and only the provisional liquidators can disburse recovered bitcoin to members. Official Claims Channel


Instead of responding to the bogus claims, van Rooyen reminded MTI investors that wish to recover their missing bitcoins that they have a better chance if they cooperate with the court-appointed liquidators. According to the MTI liquidators, investors can kickstart this cooperation by registering and submitting their claims online.



Meanwhile, on the webpage that has specifically been created for this registration process, the liquidators explain how MTI investors are supposed to submit their claims. However, the liquidators warn that each and every claim will be verified and investors submitting more than one claim will see such claims rejected.


How do you rate MTI investors’ chances of recovering their invested funds? Tell us what you think in the comments section below. Treasury Secretary Yellen Asks US Regulators Overseeing Crypto Assets to "Act Quickly" to Regulate Stablecoins REGULATION | 7 hours ago Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New Jersey REGULATION | 17 hours ago Tags in this story Adriaan van Rooyen, bogus offer, Mirror Trading International (MTI), MTI bitcoin scam, MTI bitcoins, MTI claims, MTI liquidator


Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

News Feed

Shiba Inu Project Reveals ‘Doggy DAO,’ Devs Say Phase 1 to Provide ‘Immediate Power to the SHIB Army’
Shiba Inu Project Reveals "Doggy DAO," Devs Say Phase 1 to Provide "Immediate Power to the SHIB Army" During the last half of 2021, decentralized autonomous organizations (DAO) hav
Tron network leads in stablecoin market share amid growing monthly transfer volume
Nancy Lubale2 hours agoTron network leads in stablecoin market share amid growing monthly transfer volumeTron’s share of the stablecoin market continues to grow as the network’s adjusted transfer volume in USDT hit $
Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says
Indian Authorities Unfreeze Wazirx"s Bank Accounts, the Crypto Exchange Says India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange W
Trade Finance Blockchain Marco Polo Pilots First Russia-Germany Transactions
Marco Polo, the trade finance blockchain with more than 20 global banks on board,  is piloting its first trading arrangement between Germany and Russia. The pilot announced Frida
Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund
Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 11
2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse
2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse 2022 is coming to an end and during the last 12 months, the crypto economy has lost r
Turner Wright8 hours agoTether freezes $225M in USDT linked to romance scammers amid DOJ investigationThe stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible f
Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack
Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack The total value locked in decentralized finance (defi) has managed to jump above the $200 billi
Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles
Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles A growing number of platforms allow Russian residents to purchase cryptocurr
Paradigm leads $225M funding round for new ‘Solana killer’ L1
Zoltan Vardai10 hours agoParadigm leads $225M funding round for new ‘Solana killer’ L1Crypto VC Paradigm is leading a $225 million funding round into a new layer-1 as VC interest in crypto investments continues to ri
Crypto Exchange Kraken Now Supports Shiba Inu — SHIB Trading to Begin Tomorrow
Crypto Exchange Kraken Now Supports Shiba Inu — SHIB Trading to Begin Tomorrow Cryptocurrency exchange Kraken has announced support for the meme cryptocurrency shiba inu (SHIB).
Judge rules Craig Wright is not Satoshi Nakamoto: Report
Zoltan Vardai10 hours agoJudge rules Craig Wright is not Satoshi Nakamoto: ReportWright is not the pseudonymous founder of the Bitcoin network, a judge ruled on March 14.7261 Total views40 Total sharesListen to article 0