Comment Comment by phantom_oracle South Africa is a small economy relative to US, EU(block) or China and has large income disparity(small, very wealthy upper/middle class).$3.6B = ZAR51.17B (xe.com). That seems like a lot of savings for the small upper/middle class.The name of the crypto company "afri" suggests it might have targeted the African market as a whole.Can any Africans/South Africans explain how ZAR51.17B of savings accumulated in this crypto company(or scam)?Is it like Madoff who conned rich people or did these guys manage to reach pensioners and steal their money too? parent phantom_oracle 5 years ago
$3.6B = ZAR51.17B (xe.com). That seems like a lot of savings for the small upper/middle class.
The name of the crypto company "afri" suggests it might have targeted the African market as a whole.
Can any Africans/South Africans explain how ZAR51.17B of savings accumulated in this crypto company(or scam)?
Is it like Madoff who conned rich people or did these guys manage to reach pensioners and steal their money too?