On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Ameer and Raees Cajee, the two directors of the South African crypto-investment platform, Africrypt, are set to participate in an inquest that seeks to seal the fate of the collapsed firm.
The Death Threats
According to an Itweb report, the Cajee brothers — who have agreed to testify on October 19 and 20 — will only do so virtually. The report confirms that both Ameer and Raees, who have already received several death threats, were initially scheduled to appear before the inquiry in the second week of September 2021. However, this was postponed after the lawyer for the Cajee brothers requested “an extension in order to consult further with their clients.”
The report also reveals that other Africrypt executives like the former compliance officer, Daniel Opperman, Wayne Naidoo (director), and Steve Miller (manager) have already given their testimony via a virtual platform. For instance, in his testimony, Opperman is reported to have told the inquiry that he only became aware of the hack into Africrypt’s system via media reports.
As previously reported by Bitcoin.com News, Africrypt collapsed a few weeks after Ameer and Raees had informed investors of the hacking event. However, following Africrypt’s collapse and the directors’ disappearance, some aggrieved investors successfully applied to have the company liquidated.
Africrypt’s Defence
Still, in an affidavit in which he opposes the granting of the final liquidation order, Raees insists “the liquidator’s application had been taken out against the wrong company.” He even claims that clients had in fact “signed investment contracts not with Africrypt but with an entity called Raee Create Wealth.”
However, as the Itweb report notes, “bank statements obtained by Tayfin Forensic Investigative Auditors revealed that all transactions made to Africrypt were moved to Raee Create Wealth.” The report adds that this evidence is now expected to appear in the forensic report on Africrypt.
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