Debtfree Magazine Issue 6 of 2021
SA's Free Magazine all about dealing with debt, debt review & debt counselling. This month we talk about the POPI Act and the recent Africrypt Scam where up to R54 Billion could have been stolen.
SA's Free Magazine all about dealing with debt, debt review & debt counselling. This month we talk about the POPI Act and the recent Africrypt Scam where up to R54 Billion could have been stolen.
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HOW TO STEAL R54 BILLION
A SOUTH AFRICAN
CRYPTO STORY
When it comes to Cryptocurrency there is still an air
of mystery and intrigue and more than a little bit of
FOMO out there.
It sort of, feels like the unearthing of gold and diamonds in years gone
past. You know people are out there doing it and wonder what it
would be like to also be doing it, but it comes with risks and you are
not sure you want to join this gold rush.
In the past people have spent everything they had during a gold rush
only to come up short.
Sadly, these days the world of Cryptocurrency is kind of like the wild
west. You hear about prices shooting up (or down) based on what
Elon Musk tweets, or what Warren Buffet has for breakfast.
Now we are learning about one of the biggest cryptocurrency scams
the world has seen:
R54 Billion stolen from investors by
two young South African brothers.
FOMO: The Fear Of Missing Out