The scams are becoming more convincing, helped by AI, with an astonishing 85% of South Africans encountering one in the past year, says Thalia Pillay of Orca Fraud.
Proposed new exchange-control rules could cripple SA’s crypto industry, undermine self-custody and push transactions offshore, warns MoneyBadger CEO Carel van Wyk.
So-called ‘wrench attacks’ involving kidnapping, home invasions and physical threats have already netted criminals more than $30m this year, explains Philip Adiamah from Chainalysis.
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