‘Crypto sleuth’ hunting ‘£2.5bn scam’ Bitcoin trader brothers using Matrix-style tech to chase them out of hiding

A FORENSIC cyber sleuth is using Matrix-style tech called God’s View to probe a suspected £2.5bilion scam linked to two crypto trader brothers who have gone into hiding.

Hamilton Cheong has been helping authorities track down the culprits who are allegedly behind what could be the biggest Bitcoin heist in history.

Brothers Raees, 21, and Ameer Cajee, 18, fled South Africa in April 2021 after telling investors their company, Africrypt, had been hacked and all its funds stolen.

They are accused of fleecing unsuspecting investors to fund their lavish lifestyle and are now believed to be in hiding. 

Cash was splashed on supercars, flashy watches and suits, exotic holiday destinations as well as renting the luxurious Zimbali Estate, north of Durban, South Africa.

The money is believed to have come from cryptocurrency trading platform Africrypt, which Raees and Ameer launched from their bedroom in 2019.

Small and big-time investors were lured in before the brothers allegedly made off with £2.5billion in Bitcoin — which experts believe could be the biggest digital heist ever.

But hot on their heels and the missing money is US-based Cheong and his cyber detective organisation called Crypto Investigation Bureau (CIB).


Cheong's God’s View technology allows him to track the crypto-crims by spooling through millions of Bitcoin transactions all recorded on on a detailed ledger called blockchain.

Essentially, it allows Cheong to track the scammers movements.

This is just like the characters in The Matrix watching their comrades inside a virtual reality by monitoring screens flashing with lines of code.

Moneyweb finance site reports the cyber-sleuth says the evidence does not stand up the story of a hack originating out of Ukraine, as claimed by Raees Cajee in an affidavit before the Gauteng High Court seeking to stop the final liquidation of Africrypt.

We don’t think this was a hack. One reason we say this is that four months before the alleged hack, funds were being depleted out of wallets under the control of Africrypt

Raees and Ameer told investors their company had been hacked and all its funds stolen before fleeing to South Africa in April 2021

But Cheong said: "If this is true, the hackers would have broken through several security layers in a matter of minutes to get to the crypto, and that is extremely unlikely. 

"We don’t think this was a hack. One reason we say this is that four months before the alleged hack, funds were being depleted out of wallets under the control of Africrypt."

He even hinted that the actual figure for stolen funds could be higher and that some shady dark web operators may be involved who were known for ransomware attacks.

Police launched an investigation into their disappearance and the alleged cyber attack — but the brothers claimed they were victims of organised crime.

In an interview with the Wall Street Journal from a secret location, Raees categorically denied any wrongdoing and said they were forced to flee due to "death threats" from "organised crime syndicates".

It has since emerged the siblings bought citizenship to a remote Pacific island months before disappearing.

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