BitConnect Scam Exposed as Indian Authorities Seize Illicit Gains
The Directorate of Enforcement (ED) in Ahmedabad has dealt a significant blow to one of history’s largest cryptocurrency frauds, recovering Rs. 1,646 crore (approx. $219 million) in illicit crypto assets linked to the BitConnect Ponzi scheme during coordinated raids on 11 and 15 February. The operation—part of a years-long probe into the multi-billion-rupee scam—also seized Rs. 13.5 […]
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