🔹 The Cajee Brothers: Crypto's Biggest Heist 🧵
In April 2021, Africrypt, a South African crypto platform run by brothers Raees (21) and Ameer (19) Cajee, vanished overnight—along with $3.6B in Bitcoin. Here's the untold story 👇
🔹 The brothers claimed a hack compromised Africrypt's systems, urging investors not to report it to avoid "delays" in recovery.
🔹 A week before, Africrypt employees mysteriously lost backend access, sparking inside-job suspicions.
🔹 Police discovered the brothers sold luxury assets (Lambo, hotel suite) and disappeared. They reportedly fled to the UK under new Vanuatu identities.
🔹 Despite legal action, SA's regulators faced challenges due to crypto’s unregulated nature. The $3.6B loss—69,000 $BTC —was siphoned through anonymous wallets.
🔹 Now? Reports suggest they resurfaced in Switzerland. Funds allegedly moved via Dubai mixers, then to Zurich, where Swiss authorities found a hardware wallet.
The saga continues...