
FSCA investigates transactions in Africa Bitcoin securities
The inquiry will consider whether trades executed during April and May 2026 contravened the Financial Markets Act.

The inquiry will consider whether trades executed during April and May 2026 contravened the Financial Markets Act.

Warren Wheatley says the matter involved three trades in 50 shares worth R301 while he was testing a stockbroker platform.

Steinhoff, Banxso, N-e-FG, and Viceroy show that imposing an administrative penalty is often only the beginning of a lengthy legal and recovery process.

The FSCA says Grobler contravened the Financial Markets Act by publishing false or misleading financial statements between 2014 and 2017.