News with the tag "Bitconnect"

Law enforcement authorities in India reportedly seized crypto assets linked to the BitConnect Ponzi scheme that defrauded hundreds of victims before collapsing in 2018. Indian Express reports that the Enforcement Directorate (ED) seized Rs (Indian Rupee) 1,646 crore or nearly $190 million in crypto ...

Indian authorities have seized a Lexus car, cash, and cryptocurrency worth approximately 16.5 billion rupees ($190 million) as part of an ongoing investigation into the collapse of the BitConnect cryptocurrency scam. The Rise and Fall of BitConnect BitConnect, established by Satish Kumbhani, promise...

India's anti-money laundering unit said it seized about 16.5 billion rupees ($190 million) worth of crypto, some cash and a Lexus car during investigations into the collapse of the BitConnect cryptocurrency fraud. BitConnect, founded in 2016 by Satish Kumbhani, raised billions of dollars from invest...

In a significant victory against cryptocurrency fraud, Indian authorities have made headlines by seizing a staggering $189 million in cryptocurrency from the notorious BitConnect scam . This massive operation, executed by the Enforcement Directorate (ED) in Ahmedabad, marks a crucial step in recover...

The Indian Enforcement Directorate of the city of Ahmedabad has seized $190 million worth cryptos tied to BitConnect Ponzi scheme . This marks one of the largest crypto seizures in the country so far. The Directorate investigated the case from Feb. 11 to 15, confiscating digital assets, $15,570 in c...

Indian enforcement authorities have seized cryptocurrency worth $190 million (Rs 1,646 crore) in connection with a BitConnect investigation. As per the report by The Indian Express , the Enforcement Directorate (ED) in Ahmedabad — the law enforcement agency responsible for investigating economic cri...

Indian authorities, the Enforcement Department, have seized cryptocurrency worth Rs. 1,646 crore (approximately $189 million) in connection to a cryptocurrency investment scam. According to the authorities, the funds, which were in several digital assets, were linked to the Bitconnect crypto fraud. ...

The birth and history of the crypto scene could be considered a meme. These iconic videos represent key chapters and milestones from crypto’s history and may make you giggle.

In what turns out to be a shocking turn of events, really proving how deep cryptocurrency frauds run, an Indian investor from Gujarat, Shailesh Babulal Bhatt, has been arrested for kidnapping two employees associated with the founder of the infamous cryptocurrency BitConnect, Satish Kumbhani. Relate...

Indian authorities have arrested a man who allegedly kidnapped and extorted two employees of the defunct crypto platform BitConnect to recover his funds. Shailesh Babulal Bhatt lost money after investing in the Bitconnect Coin (BCC). Bitconnect is a crypto project that gained worldwide recognition i...