Private company

Mirror Trading International

South African Cryptocurrency Ponzu Scheme

Mirror Trading International (MTI), declared a pyramid scheme by the South African High Court, was a cryptocurrency trading platform promising automated trading services with significant returns. MTI was masterminded by Johann Steynberg, who claimed to use an artificial intelligence bot for its trading activities.2 It ceased to exist in 2020.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2017Founded1

Mirror Trading International (MTI), declared a pyramid scheme by the South African High Court, was a cryptocurrency trading platform promising automated trading services with significant returns. MTI was masterminded by Johann Steynberg, who claimed to use an artificial intelligence bot for its trading activities.2

Timeline

  1. 2020Dissolved Dissolved1
  2. 2017Founded Founded1

Sources

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