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More details about alleged R492-million crypto trading bot scam in South Africa revealed | SA News


None of the R492 million that investors paid to the controversial NTC Global Trade Fund was spent on cryptocurrency trading platforms.

That is according to findings by law firm Strydom & Bredenkamp, the attorney of record for the provisional NTC liquidators.

NTC was provisionally liquidated by the Gauteng High Court on 10 September 2025, following an application from 26 disgruntled investors.

Rapport reports that Strydom & Bredenkamp analysed the entity’s bank statements for transactions between February and…

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