10 Year Imprisonment and R4.5 Million Asset Forfeiture for Crypto Trader

News Anti-bribery and corruption Sanctions & Fines

Date: 25th Mar, 2025 Source: National Prosecuting Authority Country: South Africa Original Source

Brief

On 25/03/2025, the National Prosecuting Authority issued an update regarding 10 Year Imprisonment and R4.5 Million Asset Forfeiture for Crypto Trader. Mfundo Manci (33), a crypto trader, was sentenced to 10 years imprisonment after pleading guilty to charges of fraud, contravention of financial acts, and prevention of organized crime act.

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National Prosecuting Authority

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10 Year Imprisonment and R4.5 Million Asset Forfeiture for Crypto Trader

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10 Year Imprisonment and R4.5 Million Asset Forfeiture for Crypto Trader

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National Prosecuting Authority

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