12 April 2021, South Africa: The infamous case of South Africa’s Mirror Trading International (MTI) has been crowned as the world’s largest cryptocurrency Ponzi scam. A total of around $589 million was lost, affecting hundreds and thousands of investors, according Chainanalysis’ 2020 Crypto Crime Report.
Partner Wiehann Olivier provides a clear picture of how a bitcoin transaction works in this simple, downloadable infographic. View below or download to keep on file. Should you or your organisation operating in the crypto space have any audit or consulting needs, please feel free to contact Wiehann.
The Fourth Industrial Revolution (4IR) gave rise to technologies such as artificial intelligence (AI) and blockchain that will forever change the way we live, work and do business. At Forvis Mazars, we’re stepping up to the challenge of auditing cryptocurrencies and understanding digital assets.
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