ED Seeks Info From Pune Police In INR 6 Cr Bitcoin Fraud Case – Inc42

Both The ED has sought cooperation from the Pune Police to build a case against the two accused in the case.

Ghode and Patil allegedly siphoned off 1,137 bitcoins from the account of Amit Bhardwaj, the main accused in the scam, and transferred them into their own ewallets.

These include charges of criminal breach of trust by a public servant , along with various other Sections of the IT Act.

The Pune Police itself has been dealing with the high-profile GainBitcoin scam, considered to be among one of the biggest Ponzi schemes globally.

Prior to that, Bitconnect scam also grabbed headlines globally.

In February this year, Nagpur Police also arrested 11 people in connection with a INR 11 Cr crypto scam.

Thousands have been cheated out of their life savings and many more have been left to fend for themselves.

While the crypto boom continues unabated in the country, the rising numbers of crimes involving digital virtual currencies has thrown  light on the darker side of this world.

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