Update | ‘We want our money,’ say Coin-it investors as they march to company’s liquidators in Pietermaritzburg

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Hundreds of Coin-it investors blocked the entrance of Town Bush Office Park on McCarthy Road on Friday demanding that the liquidators release their funds.
Hundreds of Coin-it investors blocked the entrance of Town Bush Office Park on McCarthy Road on Friday demanding that the liquidators release their funds.
Moeketsi Mamane

More than 200 furious Coin-it “investors” blocked the entrance of Town Bush Office Park on Friday demanding that the company’s liquidators release their funds.

The group, Isigqeba Movement, picketed outside the office park to hand over a memorandum to Berrangé Incorporated in McCarthy Road.

The disgruntled investors first entered the office park and protested outside the company offices, however, they were told to move the protest outside the gate. The movement said since Coin-it was liquidated, they have been unable to survive because all their funds were blocked.

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