In the weird world of cryptocurrencies, and particularly the wild west of social media investment schemes, things aren’t always what they seem.
Take the incredible story of Australian man Michael Daher.
Speaking to The Age and The Sydney Morning Herald from an undisclosed location in Perth, Daher insists he isn’t the mastermind of an alleged cryptocurrency ponzi scheme that fleeced $200 million from 7000 investors, including in Australia, in two quick months.
Michael Daher of Metafi Yielders says he’s been set up but investors in the group’s crytpocurrency scheme are still baying for his blood.
Yes, that is him in promotional videos posted on YouTube as the self-described chief executive of the cryptocurrency related investment scheme Metafi Yielders. Yes, that is him who is listed in corporate records as a company director of the Australian entity set up as part of the scheme. Yes, that is him admonishing investors for complaining about not being able to withdraw their money when Metafi Yielders suddenly froze accounts on May 17 this year, claiming the step was necessary due to the global rout in cryptocurrency markets.
But Daher, while confirming those elements of the story, insists that he has been made the fall guy.
Daher, who is accompanied by an adviser during our interview, says the scheme is really being run a man from Nigeria. He says he was just contracted to be the frontman and social media producer for the…
