Imagine waking up to an email: ‘We’ve been hacked. All your money is gone. Do NOT tell anyone.’ This wasn’t a nightmare; it was the chilling reality for thousands in South Africa as $3.6 billion in Bitcoin vanished. Was it a sophisticated cyberattack, or the ultimate ‘rug pull’ orchestrated by two charismatic young brothers? Meet Raees and Ameer Cajee, two brothers barely out of their teens, who built Africrypt promising astronomical crypto returns with ‘AI trading algorithms.’ They flaunted Lamborghinis and lavish parties, luring investors with promises of 13% *monthly* returns. High-net-worth individuals, celebrities, and ordinary families poured their life savings into this digital gold rush, trusting these ‘youthful geniuses.’ But beneath the polished facade, a classic, insidious mode
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