BTC Global Investment Ltd operated as an online investment pool, primarily soliciting Bitcoin from the public with promises of exceptionally high weekly returns (e.g., 2% per day, 14% per week) allegedly generated by a master trader. The scheme attracted thousands of investors globally, with a significant concentration in South Africa. In 2018, the platform ceased payments and the alleged "master trader" disappeared, leading to the company's collapse. Subsequent investigations by liquidators and warnings from financial authorities confirmed it was a fraudulent scheme, resulting in estimated losses exceeding $80 million for its investors.

Founded in

Canada