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Tue, Oct 13, 2020 10:59 AM by Coinfomania

SCOOP: South Africa’s Kryptoro Exchange CEO Priven Reddy Faces Fraud Charges

South African billionaire businessman, Priven Reddy, is facing fresh fraud changes from an unhappy user of his now-defunct cryptocurrency exchange, Kryptoro. According to screenshots, voice notes, and confidential documents shared with Coinfomania, Alex Naidoo had paid R750,000 (appr. $45400) for the purchase of an equivalent amount of Bitcoin from Kryptoro. The funds’ transfer allegedly followed a physical meeting with Reddy in which he agreed to sell that amount as the minimum. To date, The said BTC hasn’t been delivered to the client, even though Naidoo transferred the funds to the Kryptoro Holdings bank account in October 2019. Requests for a

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