Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI
The South African revenue collector is said to have lodged a claim of approximately $55 million against the now defunct bitcoin Ponzi scheme Mirror Trading International (MTI). The claim lodged with the Master of Cape Town High Court relates to two tax periods, the years 2019 and 2020.
According to a report by Moneyweb, the revenue collection body known as the South African Revenue Service (SARS) said it wants this tax bill settled before the finalization of MTI’s liquidation process. As previously reported by Bitcoin.com News, a total of $75 million was realized from the sale of bitcoins belonging to MTI that were recovered from forex trader FX Choice. SARS, which accuses the collapsed firm’s liquidators of failing to carry out their duties “as the deemed public officers,” reportedly said it reserved the right to adjust its claim in the event additional bitcoins belonging to MTI were found.
Source
https://t.me/CryptoNewsSource
