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According to News.Bitcoin, the founder of the Africrypt exchange, Raee and Ameer Cajee, has denied the allegations of customer extortion, saying the company has been the victim of hacker attacks and the media may have overestimated the value of Bitcoin. Lose Bitcoin. Cajas' attorney John Oosthuizen said the allegations against his clients were false. However, when asked if the consumer had reported the hacking incident to the police, Ustuizen replied: "No". Oosthuizen did not disclose Cajees' address, but said his client would "cooperate with further police investigations."