Bad news travels fast and far. You have probably heard of the most recent alleged crypto heist that neither involved guns nor sophisticated hacking but rogue18 and 20-year-old operators Raees and Ameer Cajee running a legitimate front - Africrypt, with what is in hindsight, clear ulterior motives.
At a time when blockchain-based platforms, whether they be currencies, exchanges, marketplaces, or tools crafted for specific use cases such as decentralised finance (Defi) are trying to find mainstream adoption, the 'in-plain-sight' loss of an estimated trove of 69,000 bitcoin valued at $3.6 billion at the time doesn't augur well for the industry.
