Terra’s Mirror Protocol MIR rebounds 40% two days after crashing to record low

[ad_1] Mirror Protocol, a decentralized finance (DeFi) protocol built on the Terra blockchain, was hit by one of the biggest collapses in financial history this week after Vladimir Putin ordered military strikes against Ukraine. Terra tokens rally Mirror Protocol’s native token, MIR, dropped to $0.993 on Feb. 24, its worst level to date amid a selloff across the broader crypto market. But a sharp rebound ensued, taking the price to as high as $1.41 two days later, up more than 40% when measured from MIR’s record low. MIR/USD four-hour price…

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Mirror Trading International Said to Be Owed Over $129 Million by Previously Unaccounted for Debtors – Regulation Bitcoin News

[ad_1] Mirror Trading International, the now-defunct fraudulent bitcoin investment platform, is said to be owed more than $129 million by debtors that had not been declared previously. Unaccounted for Debtors Liquidators of the collapsed South African bitcoin Ponzi scheme, Mirror Trading International (MTI), recently released a statement that suggested the scheme is owed as much as $129.6 million (2.07 billion rands) by previously unaccounted for debtors. According to a report by Moneyweb, preliminary investigations by liquidators also show that MTI had assets valued at over $190 million. However, the report…

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A Forex Broker Transfers 1,200 BTC Belonging to the Mirror Trading International to a South African Liquidator – Regulation Bitcoin News

[ad_1] Fresh reports from South Africa suggest that a total of 1,200 bitcoins belonging to the now-defunct Mirror Trading International (MTI) were recently transferred from FX Choice to an appointed liquidator. The reports add the transfer had been sanctioned by the Financial Sector Conduct Authority (FSCA), the country’s financial industry regulator. Confirmation of the Transfer According to a South African media report, the 1,200 BTC had been stuck in MTI’s account with FX Choice since June 2020. Similarly, Bitcoin.com News reported in August 2020, that FX Choice had blocked MTI’s…

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