Liquidators demand from the creators of the MTI cryptocurrency pyramid to pay $291 million

The liquidators of the largest South African crypto-currency scheme Mirror Trading International demand that its organizers pay $291 million to investors. The liquidators sent a summons to appear in court to eighteen citizens behind the now defunct Mirror Trading International (MTI) project. The offenders are required to pay $291 million to cover the losses of defrauded investors. The decision to take the alleged organizers of MTI to court comes just months after liquidators failed to…

Chainalysis: DeFi services are becoming more popular with cybercriminals

Analysts at Chainalysis claim that illegal activity in DeFi protocols has grown exponentially compared to last year. Chainalysis has published a new report on criminal activity in Web3. According to the study, the overall level of illegal activity in the crypto industry has decreased, but it has sharply increased in decentralized finance (DeFi) protocols. Analysts claim that 97% of the $1.7 billion worth of cryptocurrencies stolen in 2022 came from DeFi protocols. Experts received these…