South African Reserve Bank probes DA finance chair Mark Burke's crypto firm Kastelo over R4 billion transfers
Billionaires Africa | 18.08.2026 22:30
The South African Reserve Bank is investigating Kastelo, a fintech and cryptocurrency arbitrage trading company founded by Democratic Alliance federal finance chairperson Mark Burke, over alleged exchange-control contraventions involving approximately R4 billion ($246 million), after the Johannesburg High Court dismissed the company's bid to have its frozen bank accounts unfrozen.
