Liquidators Want More Power to Probe South African Bitcoin Trader
- Police investigating firm called illegal by finance regulator
- Mirror Trading International says it has over 260,000 members
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The investigation into a failed South African Bitcoin trader is deepening as provisional liquidators appointed to seize control of Mirror Trading International seek to widen the scope of their inquiry.
The temporary overseers are wanting to extend their powers to include the right to call witnesses to an insolvency inquiry, appoint investigators and solicit information from banks, said Herman Bester, one of four interim supervisors appointed to begin work on the matter. These controls are not typically granted by courts to liquidators acting in a provisional capacity.