Indian court rejects release plea of accused in one of country's biggest Bitcoin Ponzi scam worth Rs 6,606 crore
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2025-01-12 19:02 7,877
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Golden Finance reports that India’s Special Anti-Money Laundering PMLA Court has rejected the release request of Hemant Bhope and his wife Lata. It is reported that the two were charged in connection with one of India’s largest Bitcoin Ponzi schemes involving a Delhi company Variabletech Pvt Ltd. (VTPL), the defendants conspired to lure investors to buy Bitcoin and encourage others to invest in the company to commit fraud, which was reported to be worth up to Rs 6,606 crore.