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Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI — Liquidators Accused of Failing Their Duty – Taxes Bitcoin News

Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI — Liquidators Accused of Failing Their DutyIn a fresh twist to the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) saga, revenue collector South African Revenue Services (SARS) has demanded $55.3 million from the scheme’s liquidators.
The revenue collector added that it wants the tax bill settled before the MTI liquidation process is finalized.
Liquidators Failing ‘as the Deemed Public Officers’The South African revenue collector is said to have lodged a claim of approximately $55 million against the now defunct bitcoin Ponzi scheme Mirror Trading International (MTI).
SARS also said unless a return is submitted within 40 days after assessment, MTI liquidators will be not able to object or appeal.
The report also quotes the revenue collector explaining why it is not waiting for the completion of the liquidation process.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.

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