Controversial cryptocurrency dealer Silicone Valley Shares claims security operatives seized their assets

JUBA – The controversial cryptocurrency dealer Silicone Valley Shares has claimed that security operatives in Juba have seized their funds and arrested an undisclosed number of office staff, according to a pre-recorded statement.

In the statement obtained by Sudans Post, Brian John who said he is the head of business department at Silicone Valley Shares claimed that government security operatives arrested their office staff and taken funds that were being kept in the office.

“This incident led to security operatives intervention especially in our new office in South Sudan leading to arrest and the closure of our South Sudan office,” Brian said, without disclosing the number of the staff detained and the amount seized.

“In the process, security operatives seized some company funds in our custody in the South Sudan office,” he added.

Brian said in the statement that the Silicone Valley Shares is a registered company in South Sudan and urged authorities to release the staff and the money seized so that they can continue facilitating their business.

“Since Silicone Valley Shares is a legally registered and licensed company in South Sudan, we ask the following. One, our office staff should be released unconditionally,” he said.

“Two our office key should return and the office reopened. Three, our ceased fund should refund back to the company and the normal remittance procedures should be followed,” he added, urged the government to provide “our office and staff [with] security since we are a legally recognized company in South Sudan with all the licenses.”