The case comes as the liquidation of iCE3X remains unresolved more than five years after the platform shut down. (Image source: iStock)
A crypto-currency trader is challenging a R2.85 million claim brought by the liquidators of collapsed South African crypto exchange iCE3X, arguing the funds he withdrew from the platform were his own money, rather than company assets.
Dietmar Rheeder-Kleist, the defendant, is asking the Western Cape High Court in Cape Town to compel the liquidators to produce the agreement governing his account so he can formulate his defence.
The matter is scheduled to be heard on 15 October, according to Rheeder-Kleist’s amended heads of argument filed on 11 October.
The liquidators, Marthinus Breytenbach and Gottlieb…