 | Johann Steynberg, a South African behind Ponzi scam Mirror Trading International (MTI) was arrested in Brazil. He stole more than 29,000 bitcoins. (Current price $41k) Brazilian cops learned Steynberg was in the country after escaping South Africa in 2020 when his scam imploded. MTI marketed itself as an investment platform that guaranteed returns of 10% per month. |  At its peak, MTI had 170k customers around the world with over 1b of assets under management. |
 Johann Steynberg initially blamed Russian hackers. He disappeared shortly after. | It was over quickly. When customers began reporting that MTI had blocked their balances, authorities launched investigations. |  |
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