The authority’s investigation into Mirror Trading International stretched over months and led to raids of premises linked to the company in Polokwane, Stellenbosch and Durban. 

FSCA executive, Brandon Topham, confirmed the raids to OFM News, saying the outcome of the investigation will determine their next step.

The cryptocurrency company made media headlines earlier when some of their data was leaked and indicated that they have about R2 billion in investments from clients. The company is under investigation for promising investors high returns on their investments and possible questionable trading practices.

OFM News