The scam email claimed that bitcoin was about to make history in by exceeding its past all time high (ATH) of $20,, prompting them to go to a “Click here” option, to invest further. The news portal stated that an irate user Dominic Thomas was inundated with back to back emails since Friday, which prompted him to report the matter to. Hyderabad: The cybercrime wing of Hyderabad Police on Thursday arrested a bitcoin fraudster who had cheated several persons on the pretext of giving them huge returns if invested in bitcoins. The. Aug 14,  · Bloomberg also reported that most Google searches for laundering money in that period were made from Gujarat, and Indians were willing to pay up to 25% more for Bitcoin. Throughout , Bitcoin gained value like nothing else. The price of one Bitcoin shot up from $ to $20, It became a must-have asset.

Bitcoin fraud news india

Bitcoin fraud: How investors lost Rs 22, crore - Times of India

This arrest comes just days after ten were arrested for running an Israeli based crypto scam. This clearly shows that the scammers are making a comeback and investors need to be alert.

As the cryptocurrency continues to soar so will the scams continue to increase. Hackers are also an epidemic that will rise with the market surge. All Rights Reserved. Search for:. Price Analysis. ICO Review. Submit ICO Review. Editor's Pick. Share on Facebook. Notification Center. Too good to be true, hordes of rich investors in Gujarat realised a year later when the BitConnect platform folded up after pocketing roughly Rs 22, crore of their money in Bitcoin.

For many, it was a double whammy after the jolt of demonetisation. In fact, the Bitcoin craze had started in the state as people looked for safe ways to launder their piles of black money after November Read Post a comment.

Characters Remaining: Continue without login. Login from existing account Facebook Google Email. The accused person cheated around depositors in Telangana and accumulated Rs 10 crore from them. He was arrested under various sections of IPC and remanded to judicial custody". Special teams have been formed to nab the other accused persons in the State and a letter has been written to the Union Home Ministry about the scam happening all over India on the pretext of bitcoins.

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Bitcoin Scam: Two Arrested In India As Crypto Scammers Begin To Re-Emerge Business News

Jul 17,  · Bitcoin scam on twitter: India may be ‘next target’ Headlines Sports News Business News India News World News Bollywood News Health . Bitcoin scam: After Raj Kundra, ED may quiz Shilpa Shetty, Sunny Leone and others. Names of several Bollywood celebrities have also come up during the questioning of Raj Kundra by the Enforcement . Feb 15,  · Bitcoin Scam: Two Arrested In India As Crypto Scammers Begin To Re-Emerge John Kiguru Bitcoin News February 15, Two people have been arrested in Jaipur, the biggest state in Rajasthan. The two are alleged to have been scamming investors in the promise of Bitcoin trading. Tags:Bitcoin cose da sapere, Can you buy bitcoin with credit card on coinbase, Bitcoin gateway whmcs, Free transfer bitcoin, Buy house bitcoin australia