MTI Mastermind Arrest: Lawyer Points to Agreement Relating to Johann Steynberg's Extradition to South Africa – Regulation Bitcoin News

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MTI Mastermind Arrest: Lawyer Points to Agreement Relating to Johann Steynberg's Extradition to South Africa – Regulation Bitcoin News
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An unsigned agreement between Brazil and South Africa could be used to help facilitate Johann Steynberg’s extradition to South Africa. extradition ponzischeme fbi

MTI Mastermind Arrest: Lawyer Points to Agreement Relating to Johann Steynberg's Extradition to South Africa

With Johann Steynberg now in custody in Brazil, a lawyer has suggested that South Africa may have to resort to an existing legal assistance agreement with Brazil if it wishes to have the CEO extradited. However, the success of any such extradition will depend on the next steps taken by authorities in Brazil.

From what we can discern from media releases is that he was arrested for planning and being in possession of falsified travel documents relating to passports. I think there’s also mention of credit cards. What we can also draw from that is that that could very well be an offence in Brazil as well, which in turn means that the Brazilian authorities could equally take a decision not to extradite him, and prosecute Mr Steynberg in Brazil.

Yet as Hanekom explains, Steynberg is likely to be extradited to the United States if the South African government remains a “passive bystander.” Should this happen, then the chances for those based outside the U.S. recovering their funds will depend on countries like South Africa triggering “the mutual legal-assistance treaty provisions that it has with the United States.”

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