At a time when cryptocurrency exchanges that are operational in India are mending their ways, to minimise the impact of RBI circular, dated April 6, new Bitcoin scams are popping up with each passing day.
In a Bitcoin scam related to Amit Bhardwaj, the Enforcement Directorate (ED) has now questioned businessman Raj Kundra who also co-owns an IPL team, Rajasthan Royals.
Meanwhile, Thane Police has busted another Bitcoin scam worth $74 Mn. The police is currently further investigating the case.
Some of the popular Bitcoin-related scams unfolded so far (In India) are:
- $300 Mn Bitcoin scam, allegedly by Amit Bhardwaj (Investigation by Pune Police)
- $74 Mn Bitcoin scam busted by Thane Police
- $15 Mn cryptocurrency mining scam busted by Delhi Police
- Bitcoin extortion case, Ahmedabad which saw the arrest of SP and other policemen (Investigation by Ahmedabad Police CID)
What more has happened this week? Let’s take a look at the developments!
Raj Kundra’s Questioning By ED In Bitcoin Scam Throws Up Names Of 9 More Celebrities
The ED has questioned Raj Kundra, businessman, and husband of Bollywood actress Shilpa Shetty, at its Mumbai office in connection with an alleged Bitcoin scam for eight gruelling hours. The interrogation opened up a can of worms with names of several celebrities cropping up.