MTI scam: Members are being misled - they don't have to pay back earnings, says liquidator

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MTI collapsed in December after it stopped paying out funds to members.
MTI collapsed in December after it stopped paying out funds to members.
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Members of disgraced Bitcoin trading scheme Mirror Trading International (MTI) will not have to pay back their earnings if they put in claims against the group, according to one of the scheme's liquidators.

MTI was an online bitcoin trading platform that promised lavish returns to tens of thousands of investors. It exploded in popularity during the early months of the Covid-19 pandemic as cash-strapped investors searched for new sources of income. 

But it fell apart in December last year after it abruptly stopped paying out funds.

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