forex trader ‘grootman’ is going offline as instagram proprietor meta says he violated requirements

the instagram website of themba selahle, better recognised with the aid of his social media call of “grootman”, has been taken offline, days after sa’s monetary watchdog warned the general public that he did no longer have a licence to trade foreign forex for customers.

while attempting to visit the web page, a message reads, “sorry, this page isn’t always to be had”. earlier than the web site went offline, selahle had 340 000 fans.

it’s miles uncertain if selahle deleted the web page himself, or if it become taken offline via instagram.

a spokesperson for meta, which owns instagram, stated that selahle became discovered to have violated the web page’s standards. meta said it took “appropriate movement” with out specifying what this entailed.

selahle, whose feed was full of lavish purchasing sprees and costly vehicles, claimed in an effort to make widespread, almost on the spot profits for traders through buying and selling forex, without explaining how he become capable of try this.

in advance this month the monetary zone behavior authority (fsca) warned he was no longer certified to exchange foreign exchange for customers or offer any monetary offerings. it warned the general public towards doing business with him, pronouncing he guarantees “high and unreasonable” returns and blocks traders who complain.

selahle downplayed the warnings, posting on his feed that he would continue to exchange.

“i’m not going to look at human beings suffer whilst i’ve answers that don’t damage everyone,” he wrote.