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You are here: Home / News / VAST AI investment scheme collapses, leaving victims in the dark

VAST AI investment scheme collapses, leaving victims in the dark

3 November 2026 by Guest

After promising to turn R50,000 into R350,000 in two days, the scheme has gone dark, and victims are left with nothing.

VAST AI advertised exclusive investment packages for their “VIP employees”, promising unrealistic returns by renting out computer chips. Photo: Telegram

VAST AI was sold to South Africans as a way to earn money by “leasing” computer chips used for artificial intelligence.
They ran a “Super AI” special from 24 to 27 October, advertising returns of up to 7x your money in two days.
Members are called “employees”. Their salaries depend on depositing money and recruiting other people to deposit money.
Deposits were paid into money mule accounts through a separate payment page.
VAST has a registered Colorado company, originally a crypto exchange. That crypto exchange is being investigated.
VAST has now collapsed. On Friday all three of its website domains…

Read More: VAST AI investment scheme collapses, leaving victims in the dark.

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Category: NewsTag: GroundUp

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Comments

  1. Blinker

    3 November 2026 at 4:11 am

    A buddy in Cape Town saw some dude cat calling a coloured woman with that kst kst kst sound, so she turns around and says \”What? You got a puncture in your face or something??\”

  2. Guillotine

    3 November 2026 at 4:11 am

    Iceland: You have two cows. They freeze to death.

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