Legal Articles and Guides
Mirror Trading International (MTI) was the world’s biggest crypto scam of 2020, roping in $588m worth of bitcoin across 470 000 transactions, according to the 2021 Crypto Crime Report by Chainalysis.
After more than a decade of fighting Vodacom, the inventor of ‘Please Call Me’ is hopeful that his protracted legal battle is entering its last stretch, says a Fin24 report.
Icasa said on Friday it will challenge a court application by MTN seeking to review or scrap the regulator's auction process for awarding spectrum vital for rolling out 5G technology.
MTN is suing the telecommunications regulator, seeking to void a rule that blocks it and Vodacom from bidding for the ultra-fast 5G radio frequency spectrum in early auction rounds, fearing smaller competitors would leave very little on the table.
More than four million IP addresses have been misappropriated in what has been called Africa’s greatest Internet heist.
It is likely that up to 117 000 investors poured money into the collapsed Mirror Trading International (MTI) investment scheme, Die Burger reports.
On the second day of hearings at the Competition Tribunal yesterday, the tribunal heard that GovChat had vast access to many South Africans' information through its WhatsApp chatbot service and that this breach meant GovChat should be off-boarded from WhatsApp's business platform, notes a Fin24 report.
Icasa says it plans to move forward the upcoming radio frequency spectrum auction as Telkom withdraws a part of its court application to halt the process.
Absa Bank is pressing criminal charges against an employee who has subsequently been suspended for illegally accessing and sharing customer information with third parties, the bank said yesterday, according to a Business Day report.
Legal battles have cost the SABC close to R160m over the past five years, according to a Mail & Guardian report. The hefty price tag of the ailing public broadcaster’s litigation efforts – many of which relate to disciplinary matters and dismissal disputes – were laid bare in a presentation to Parliament’s Communications Portfolio Committee.
A former senior accountant at Vodacom has stated under oath the group lied when claiming it did not have key documents to work out the revenue generated from the Please Call Me (PCM) concept.
A claim that the Eastern Cape Department of Education’s (DoE) contract with Sizwe Africa IT Group was being used to siphon money from the department, rocked Friday’s final session of an urgent application in the Eastern Cape High Court (Bhisho) to halt the R600m rental contract.
The personal data of millions of South Africans, ‘stolen’ in one of SA's biggest data breaches, remains on the Internet, despite assurances the information had been recovered, notes the Sunday Times.
The personal information, ID numbers, phone numbers and banking details of as many as 24m South Africans have been dumped on the ‘dark web’.
SA’s largest data breach has now been contained, says credit bureau Experian, which handed over the personal details of some 24m people to an individual it now calls a fraudster, notes a Business Insider report.