Is Mirror Trading International a scam?
South African Ponzi marketed as a Bitcoin trading pool using a proprietary algorithm. CFTC alleged it was the largest international fraud scheme involving Bitcoin in 2020. Operated through a network of recruiters globally.
| Status | prosecuted |
|---|---|
| Category | ponzi |
| First observed | 2019-01-01 |
| Collapsed | 2020-12-01 |
| Reported victims | 100,000 |
| Estimated losses | $1,700,000,000 |
Also known as
MTI