Banxso liquidated – Moonstone Information Refinery
The Western Cape High Court has placed Banxso (Pty) Ltd under final liquidation, bringing legal finality – at least in the winding-up proceedings – to a saga that began with deepfake-fuelled complaints and escalated into regulatory freezes, licence withdrawal, and a record administrative penalty of R2 billion. In a judgment delivered on 2 March, Judge…

