Investors of the collapsed South African crypto platform refunded some of the funds invested

Although some investors were reportedly not satisfied with the offer, Ruann Kruger, a lawyer who represents preliminary liquidators from Africrypt, is cited in the ITWEB report, which confirms that most of them had accepted the proposal. In fact, according to the report, demands of $ 8.4 million (131 million R) were paid to 199 creditors by December 17th.

The report also showed that the decision of a majority of investors to accept Pennython Project Management offer could lead to the dismissal of a judicial application to liquidate Africrypt. The next trial for this application is scheduled for January 22, 2022.

nameless directors of Pennython Project Management

While the identity of the investor behind the comparison offer became known, the report states that the names of the directors of Pennython Project Management were not announced. According to the report, it was agreed not to reveal their identity. This has led to claims that the two young directors of Africrypt, Raees and Ameer Cajee, actually stand behind the Pennython Project Management registered in Dubai.

After Raees and Ameer Cajee had reported that their platform was hacked, they fled from South Africa and claimed that their life was in danger. At that time, reports initially indicated that the brothers had disappeared with about $ 3.6 billion in investor funds. The Cajees - whose whereabouts are still unknown - have insisted that the actual number of lack of funds is much lower.

The payments to the investors who should be completed by December 22 should effectively end all claims against the Cajeee brothers and, like a lawyer, "give them an opportunity to revive business".

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