Report: Brazilian Court Fines Mastermind of South African Bitcoin Ponzi Scheme
A court in Brazil has found Johann Steynberg, the mastermind of the bitcoin ponzi scheme Mirror Trading International (MTI), guilty in a case in which he is accused of using a forged identity document. The court, however, commuted Steynberg’s three-and-a-half-year sentence to a fine of just over $31,000. Both Steynberg’s lawyers and the prosecution team…