Mirror Trading International was exposed by anonymous people on a Tor Software Network revealing some shocking numbers secretly being withheld by MTI Affiliates.
This group exposing the breach of data is going by anonymous_za.
$100,000,000 (9915 BTC) in arrears?
Let’s find out..
Mirror Trading International is a Passive MLM Crypto Platform (that originally started off with the idea of Forex Trading) in April 2019.
The CEO and Founder is Johann Steynberg. Him, the company along with his executive team are all based in South Africa.
Mirror Trading International is a South African registered company offering Forex trading services by using an automated system to trade with the trading pool on behalf of its members.
Johann Steynberg is the CEO and founder of MTI, which focuses on Bitcoin trading and promising members a “truly passive income”.
According to MTI, it has over 90,000 active members in 177 countries, and its numbers are growing daily.
Aside from having some very impressive numbers in respects to the amount of members MTI has, reports across the internet have revealed that the average affiliate or distributor makes next to nothing in the form of profit and often act like disciples of the company even though the Red Flags are prominent.
MTI made headlines recently after the Financial Sector Conduct Authority (FSCA) said it was investigating the company.
The Texas State Securities Board has also issued an emergency cease-and-desist order against MTI and accused it of perpetrating fraud through an illegal international multilevel marketing programme.
Canada’s Autorité des Marchés Financiers (AMF) has placed MTI on its list of illegal online platforms, issuing a warning that MTI illegally solicits investors.
Anonymous Group Leaks Shocking Info:
A group called Anonymous ZA dumped what it claims to be the entire transaction history of Mirror Trading International (MTI), which has been accused of being a Ponzi scheme – a claim denied by the company’s management.
We know how much they company currently has on deposit, what they owe and who who has so far stolen what.
Shocking Numbers Revealed:
Data Accurate up to September 14th, 2020.
Based on the information that was leaked and openly publicized are these facts:
- Mirror Trading International investors have invested 22,984.038907 BTC (~$251.1 million).
- Of funds invested a total of 16,503.804706 BTC has been withdrawn (~$180.3 million).
- Based on returns provided to MTI affiliates in their backoffice and yet to be withdrawn commissions, 17,247.03597 BTC is owed (~$188.7 million)
What’s wrong with this?
MTI only has 7331.05472 BTC holding on deposit (~$80.2 million).
They are in a deficit.
Why is this is problem?
Since the company revenue is solely based off of Network Marketing Recruitment and they have no way of proving that any revenue exists from Crypto or Forex Trading, they can end up going out of business.
Based on Data Leaked: MTI has 160,000+ affiliate accounts have been created. 99,077 of these are from South Africa, 10,867 are from the US and 4923 are from Namibia.
MTI is not registered to offer securities in any of these countries.
Get More of The Shocking Details and Numbers Here:
According To Data, MTI Founders And Executive Members Skimming Most Profits:
Here are some more numbers based on withdrawals:
- Ignatius Bell – 273 BTC (~$2.9 million)
- Ignatius Michael Bell (second account) – 183.58702 BTC (~$2 million)
- Clynton Marks (MTI admin) – 130.20470 BTC (~$1.4 million)
- Alice Potgieter – 110.46455 BTC (~$1.2 million)
- M Bell (third account) – 79.30734 BTC (~$867,979)
- George Beetge – 76.57953 BTC (~$838,124)
- Kathleen Meinking – 75.8 BTC (~$829,593)
- Nico van der Merwe – 58.22434 BTC (~$637,236)
- Sean Logan – 45.06488 BTC (~$493,212)
- Henriette Bell – 44.57892 BTC (~$488,464)
- Johannes Fourie – 42.18916 BTC (~$462,279)
- XG Int Ltd – 39.15 BTC (~$428,978)
- Crypto Analyzer – 38.19548 BTC (~$418,519)
- Morne Kapp – 38.09453 BTC (~$417,413)
- Mine Hendriksz – 35.70899 BTC (~$391,274)
**MTI Founders (Exec Team) get better higher paying rates than ‘average’ affiliates:
Top 10 Affiliate Leaders:
Janire Pascual Dominguez – 910
Eduardo Daniel Cardona Ramirez – 855
Johann Steynberg (MTI’s owner) – 752
Crypto Analyzer (YouTube shill) – 658
Rabu Gary – 230
Ron Singh – 188
Madisson Romero – 175
Sean Logan – 169
Manuele Claudi – 154
Joel Santiago – 137
CEO Response To Data Breach and Leak:
Johann Steynberg and his executive posse claim that their System and Platform is SAFE and that business will go on as usual.
They have also instructed their affiliates to be ‘tight’ lipped about the whole incident.
What Will Most Likely Happen?
Most likely the affiliates will comply with the ‘mums the word’ instruction from admins.
And most likely they will go on with their mad craze recruitment in spite of knowing that there admin bosses take most of the income generated through Network Marketing.
And they will go on being die hard deciples of Mirror Trading International.
I predict that MTI will eventually collapse leaving the majority of their affiliates and investors SOL (shit out of luck).
The Founder and his team probably don’t care too much about it because they have already pocketed enough money to set them up for life and word on the street is they have been investing a lot of their money into ‘legit’ trades that is NOT being shared with their members.
The only thing that ever gets shared with members of a Ponzi Scheme that uses Network Marketing Recruitment for REVENUE is a few bones hear and there.
The Lion Share of the earnings go to the CEO and his team of bosses.
(Affiliate Marketing Educational Platform | High Profit Potential | Full Training | Legit and Legal).
No down line required to make an income. You make money every time someone buys through your affiliate links (No Personal Selling)!