News updates January 9, 2022

1. CEO of Mirror Trading International Bitcoin Ponzi Scheme Arrested in Brazil

Johann Steynberg, the wanted CEO of Mirror Trading International was recently arrested by Brazilian law enforcement after he was caught using a fake document. The arrest, which took place in the country’s Goiás province, was carried out by the Brazilian military police.

Fake IDs, Laptops, and Credit Cards Seized

Johann Steynberg, the CEO of Mirror Trading International (MTI), a bitcoin Ponzi scheme, was recently arrested by Brazilian law enforcement after he was caught using a false document, reports from the South American country have said. Following the arrest, credit cards, laptops, and fake identification were also seized.

2. SEC Charges Australian 'Man Behind the Machine' in $41M Crypto Fraud Scheme

The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection with an unregistered offer and sale of digital asset securities.”

3. Pakistan to investigate Binance for multi-million dollar crypto scam

The federal agency of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending funds from Binance wallets to unknown 3rd-party wallets.

4. Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance

Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed.

5. Tesla owner says he mines up to $800 a month in cryptocurrency with his car

Tesla owners speak to CNBC about how they’ve used the internal computer and battery power of the car to mine cryptocurrencies.

San Francisco-based Siraj Raval mines ethereum by hooking up graphic processing units directly to the Tesla car battery.

6. Australian Open Joins the Metaverse by Partnering with Decentraland

Australian Open teamed up with Decentraland to held this year’s tournament virtually, too.

One of the world’s biggest tennis tournaments – the Australian Open (AO) – is entering both the NFT and Metaverse side of the cryptocurrency industry.

This year’s championship will also be held in Decentraland — a leading virtual reality platform. At the same time, fans will be able to participate further by buying non-fungible tokens linked to live match data.