Reis Keiji, one of the founders of bankrupt crypto investment firm Africrypt, said that her portfolio did not come close to the attributed amount of $ 3.6 billion.
“At the peak of the market, we managed just over $ 200 million,” Keiji said.
According to him, the company irretrievably lost no more than $ 5 million. He added that he and his brother Amir are hiding because of death threats.
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On April 13, 2021, the CEO of Africrypt, Amir Keiji, sent a letter to clients in which he informed them about the hacking of the firm's systems, including client accounts.
He wrote that the company was forced to cease operations, and it would take "considerable time" to recover the missing funds. The head of Africrypt urged investors to refrain from legal action, as this could make it difficult to recover losses.
According to a law firm hired by a group of investors Africrypt, Amir, and Reis Keiji transferred assets under the company's management to their bitcoin wallets after the alleged hack.