CEO of Alleged $16M Cryptocurrency Scam Declared Bankrupt: Author – CFR

Reported By: CryptoFundReport.com

Cointelegraph – Willie Breedt, a South African national accused of stealing up to $16.3 million from around 2,000 investors via his VaultAge Solutions scheme, has reportedly been forced into bankruptcy by a local court.  VaultAge Solutions was founded in 2018, promising weekly returns on customer deposits through crypto mining and trading and accepting deposits starting from $50. The scheme’s investors have allegedly received only 1% of expected gains.

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