India, BitConnect and cryptocurrency

Indian authorities seize $190M in crypto tied to BitConnect Ponzi scheme
Indian authorities have seized nearly $190 million in crypto associated with Bitconnect amid an ongoing investigation into the global Ponzi scheme, which collapsed in 2018. “The Enforcement Directorate (ED),
India's Directorate of Enforcement Seizes $190M in BitConnect Fraud Case
BitConnect, founded in 2016 by Satish Kumbhani, raised billions of dollars from investors for a protocol that purportedly paid out 10% in interest earnings. The Ponzi scheme collapsed in 2018, and in 2023 a California judge ordered $17 million in restitution to be paid to the victims.
India Seizes $190M in Crypto Tied to BitConnect Fraud
Indian authorities seized nearly $190M in crypto tied to the BitConnect Ponzi scheme, intensifying efforts against crypto scams.
Indian Authorities Seize $190M Worth Crypto Linked to BitConnect Ponzi Scheme
The Indian Enforcement Directorate confiscated cryptos, $15,570 in cash, a Lexus SUV vehicle in connection with BitConnect Ponzi scheme.
Indian Authorities Seize $190 Million in Crypto Linked to BitConnect Ponzi Scheme, Track Fugitive Founder
Indian authorities have seized nearly $190 million in cryptocurrency linked to the BitConnect Ponzi scheme, which collapsed in 2018.
Indian authorities seize loot from collapsed BitConnect crypto scam
Indian authorities seize loot from BitConnect crypto-Ponzi scheme Devices containing crypto wallets tracked online, then in the real world India’s Directorate of Enforcement has found and seized over $200 million of loot it says are the proceeds of the BitConnect crypto-fraud scheme.
devdiscourse1d
NIA Cracks Down on Multi-State Fake Currency Racket
The National Investigation Agency conducted multi-state searches to investigate a fake Indian currency network allegedly ...
Fake currency worth 2.17L seized, 2 held from Jhotwara area
The anti-gangster task force (AGTF) of the Rajasthan police arrested two people and seized fake Indian currency notes worth .
ThePrint5d
18 booked over gambling in Nashik district; Indian, Nepalese currency notes seized
Police on Saturday booked 18 persons over alleged gambling after raiding a villa near Igatpuri in Maharashtra’s Nashik district and seized Indian and Nepalese currency notes and liquor, an official ...
Ahmedabad: ED seizes cryptocurrency worth Rs1,646 crore in Bitconnect investment fraud
During the period from November 2016 and January 2018, the accused persons allegedly collected money from investors worldwide ...
Indiatimes8d
ED gives SBI Rs 79 crore in black money seized during DeMon
The Enforcement Directorate has begun recovering black money deposited during demonetisation, returning Rs 79 crore seized from Musaddilal Jewellers to SBI. The jeweller had deposited over Rs 111 ...
devdiscourse10d
India's Record Drug Seizures in 2024: A Zero-Tolerance Victory
Indian law enforcement agencies seized narcotics worth over Rs 25,330 crore, a 55% increase from 2023. The government's ...