DA leader says he is not involved with crypto company accused of breaking the law
- Mark Burke denies involvement with Kastelo, stating he is not involved with the crypto company accused of breaking the law.
- Kastelo was accused of circumventing exchange controls by offering customers bonuses for using their annual foreign investment allowances to purchase Bitcoin overseas and sell it in South Africa.
- Burke's statement comes after a High Court judgment against Kastelo, which found that its crypto arbitrage trading service contravened South Africa's Exchange Regulations.
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