India’s ED targets decade-long crypto Ponzi in 21-location raid

2025-12-25 15:56

India’s ED raided 21 sites tied to 4th Bloc Consultants, alleging a decade-long fake crypto-platform Ponzi that laundered funds via wallets, shell firms, hawala and foreign accounts. India’s Enforcement Directorate (ED) conducted coordinated raids at 21 locations across Karnataka, Maharashtra… origin »

India Coin (INDIA) на Currencies.ru

$ 6.733E-5 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: 1.49 %

Cегодня L: $0 - H: $0

Капитализация $0 Rank 999999

Доступно / Всего 0 INDIA

india ponzi decade-long accounts foreign enforcement hawala

152 +

Источник: Cripyo.news

india ponzi → Результатов: 35

OctaFX Ponzi takedown: India’s ED seizes $286M in crypto, mastermind arrested

India’s Enforcement Directorate has seized cryptocurrency worth $286 million under anti-money laundering laws. They also announced the arrest of Pavel Prozorov, the alleged mastermind behind the multi-billion-dollar OctaFX Ponzi scheme.

2025-10-19 21:00	India
octafx india mastermind ponzi announced laws laundering

371 +

India’s ED probe Bollywood star in $800m crypto ponzi scheme

India's ED is investigating Raj Kundra in a $800m cryptocurrency Ponzi scheme, seizing assets and linking him to a failed Bitcoin mining project.

2024-4-19 16:14	Mining
800m ponzi scheme india him linking failed

250 +

Bollywood Influencer Becomes Target of Crypto Ponzi Scheme Probe

Govinda, a popular Bollywood actor, faces questions from India's police for his role in promoting a crypto ponzi scheme. The post Bollywood Influencer Becomes Target of Crypto Ponzi Scheme Probe appeared first on BeInCrypto.

2023-9-19 20:07	regulation news
ponzi scheme bollywood crypto probe influencer becomes

308 +

Indian EOW exposed a $120m crypto Ponzi scheme

The Indian Economic Offenses Wing (EOW) revealed a crypto-related Ponzi scheme exploiting over 200,000 individuals across different states in India. According to a report by Asian News International (ANI), Solar Techno Alliance developed a digital asset on Binance Smart Chain…

2023-8-8 11:31	Scam
ponzi indian scheme eow international ani solar

1187 +

BitConnect’s Satish Kumbhani Indicted By DoJ Is Now Wanted in India

Indian founder of BitConnect, Satish Kumbhani, was indicted by the US Department of Justice (DoJ) in February for “orchestrating” a $2.4 billion global crypto Ponzi scheme and was believed to be hiding in India, he is now wanted in India, too! On August 16, a Pune-based lawyer filed a complaint with the local police alleging […]

2022-8-26 00:49	Ethereum News
india wanted bitconnect kumbhani indicted doj satish

428 +

'Missing' BitConnect founder presents more questions than answers for SEC

BitConnect founder Satish Kumbhani has reportedly disappeared from India, according to a Bloomberg report which cited local officials. The exchange founder was just indicted for orchestrating a Ponzi The post 'Missing' BitConnect founder presents more questions than answers for SEC appeared first on AMBCrypto.

2022-3-1 17:30	News
founder bitconnect sec missing answers presents questions

317 +

Deputy Governor of the Reserve Bank of India advocates for a crypto ban

The deputy governor of the Reserve Bank of India, T. Rabi Sankar, has stated that cryptocurrencies are similar to Ponzi schemes. He has advocated for a ban on cryptocurrencies, saying it is a better option than regulating these assets.

2022-2-15 12:44	Cryptocurrency
ban deputy cryptocurrencies governor bank reserve india

334 +

$1.2M seized from Bitcoin Ponzi stuck in frozen Indian bank account

Authorities in India have found themselves in a crypto-conundrum: they can’t access cryptocurrency seized from a Ponzi scheme because such transfers have been prohibited, reports Times of India.

2019-10-4 15:12	hard fork
india seized bitcoin currency koinex bank police

514 +

$28 Million Crypto Ponzi Lands Morally Bankrupt Scammer in Jail

An Australian citizen who ran an international crypto Ponzi scheme will face justice after police in India finally arrested him - but not before he defrauded victims out of $28 million. 'Hybrid crypto' with low risks and high returns India's Special Task Force (STF) arrested Sydney resident Harpreet Singh Sahni in a hotel near the […] The post $28 Million Crypto Ponzi Lands Morally Bankrupt Scammer in Jail appeared first on CCN Markets

2019-8-8 17:59
crypto million ponzi india arrested jail lands

356 +

Breaking News: KaratGold Coin (KBC) has NOTHING to do with KBC India

8 July, 2019: Recently there were several articles over the media about a Ponzi Scheme called KBC, named after India’s popular Kaun Banega Crorepati (KBC) TV game show). This has nothing to do with our coin, project or our team and the whole case happened in India as reported by crowdfundinsider.

2019-7-9 17:40	Press releases
kbc india nothing coin breaking karatgold happened

322 +

Indian Police Arrest Four In Alleged KBC Coin Cryptocurrency Scam, Duping Investors Of $14 Million

The CID (Criminal Investigation Department) of India has arrested four individuals in Surat; Dhiraj Patel, Vijay Prajapati, Ashiq Shaikh and Kamruddin Syed in connection with an alleged cryptocurrency ponzi scheme.

2019-7-7 19:06	Legal & Regulation
alleged cryptocurrency kbc four coin individuals promise

308 +

India bank manager arrested in cryptocurrency Ponzi scheme crackdown

The allure of fast profits from cryptocurrency appears to have been too great for one bank manager in India. The manager of a Standard Chartered branch, a private bank in India, has been arrested for running a cryptocurrency scam in which he promised unrealistic returns on a digital coin, Business Standard reports.

2019-7-3 12:52	hard fork
manager arrested bank cryptocurrency india perpetrator scheme

309 +

Major Influencer in Anti-Bitcoin Case in India Calls Crypto a Ponzi Scheme (Doesn’t Imply Bitcoin Is)

The Reserve Bank of India is due to finally conclude a case that will finally determine how cryptocurrency will be used within the country. However, Anurag Agarwal of the Ministry of Corporate Affairs could have a major influence – will he use that power towards the good of the crypto industry? Anurag Agarwal states that […]

2019-5-5 00:36	Legal & Regulation
major finally agarwal case india anurag crypto

277 +

High-Profile Indian Government Official Calls Bitcoin a Ponzi Scheme

Cryptocurrencies like bitcoin are Ponzi scheme and deserve to be banned to protect investors, at least according to Anurag Agarwal. The joint secretary for India’s Ministry of Corporate Affairs accused bitcoin of simplifying financial frauds in the Indian markets.

2019-5-4 14:00	Bitcoin
bitcoin indian ponzi scheme government calls high-profile

319 +

Cryptocurrency is ‘Ponzi’, Should be Banned: Indian Govt. Watchdog

By CCN. com: An official from an investor watchdog group in India likened cryptocurrencies to a Ponzi scheme, and voiced his support for them to be banned to protect investors. Anurag Agarwal, chief executive officer of the Investor Education and Protection Fund Authority, made the comments Friday, according to local reports.

2019-4-26 17:17	India
ponzi watchdog banned cryptocurrencies india cryptocurrency support

380 +

Indian Supreme Court Bails Bitcoin Ponzi Scheme Mastermind Amit Bhardwaj Out

Indian Supreme Court Bails Bitcoin Ponzi Scheme Mastermind Amit Bhardwaj Out It looks like you can steal $300 million USD with a Bitcoin Ponzi scheme and get away with that, at least if you’re in India, that is.

2019-4-4 21:38	News
ponzi amit bhardwaj bitcoin scheme supreme court

301 +

India: Interim Bail Granted to Two Brothers Accused in $300 Mln Crypto Ponzi Scheme

The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of running a Bitcoin (BTC)-related Ponzi scheme

2019-4-4 20:04	Ponzi scheme
ponzi accused india brothers scheme granted bail

249 +

India: $300 million worth Bitcoin Ponzi scheme accused gets interim bail

Amit Bharadwaj, the accused in a Bitcoin Ponzi scheme worth $300 million, was granted interim bail by the Supreme Court of India. Bharadwaj, the Founder of GainBitcoin, was suffering from kidney failure for months, his lawyer Deepak Prakash informed the court.

2019-4-4 16:14	News
bail interim india accused bharadwaj million worth

394 +

Indian entrepreneur implicated in $300 million Bitcoin Ponzi scheme gets bail

Amit Bhardwaj, a man accused of running a $300-million Bitcoin Ponzi scheme, has reportedly been granted bail on medical grounds, citing a deteriorating kidney condition. The former entrepreneur, who was arrested in Bangkok last year, was reportedly admitted into Apollo Hospital in India, maintaning he needed regular dialysis treatment to treat his condition.

2019-4-4 13:46	hard fork
bitcoin scheme reportedly investors condition ponzi entrepreneur

303 +

$300M Indian Bitcoin Ponzi Mastermind Amit Bhardwaj Bails Out of Jail

By CCN. com: The Supreme Court of India granted interim bail to Amit Bhardwaj in a $300 million Bitcoin Ponzi case lodged by the Enforcement Directorate (ED). The GainBitcoin founder, according to his lawyer Deepak Prakash, was suffering from kidney failure for months.

2019-4-4 13:43
bhardwaj bitcoin amit ponzi jail court india

350 +

Bitcoin Worth $1.8 Million Confiscated From Suspected Fraudster

The local authorities in Pune, India, recently confiscated 452 Bitcoins worth $1. 8 million from suspect involved in notorious cryptocurrency Ponzi scheme. India’s Biggest Bitcoin Ponzi Scheme According to The Times of India, authorities of the cybercrime department in the city of Pune, India, recently recovered 452 Bitcoins (BTC) worth $1.

2018-12-22 11:14
india worth million bitcoin confiscated involved notorious

307 +

India: Police Seize 452 Bitcoins Worth $1.8 Million from Crypto Ponzi Scheme

The Times of India reported on December 20, 2018, that the cyber crime branch of Pune police had seized 452 bitcoins worth $1. 8 million from one of the ten suspects involved in a cryptocurrency related Ponzi scheme case.

2018-12-21 01:00	Technology
scheme police had reported cryptocurrency bitcoin btcmanager

352 +

Crypto-Related Scam Targets Muslims with Halal Investment Offerings in India

India’s authorities have recently revealed a nearly year-old Ponzi scheme involving digital coins investments without the consent of investors and a kickback to a high-ranking politician with the aim to whitewash the fraud.

2018-11-14 00:18	News
india coins investments consent without investors kickback

298 +

New BitConnect Class Action Combines All Former Suits — And Targets Youtube

According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect.

2018-10-19 22:58	Law & justice
bitconnect scheme suit against action new company

630 +

$300M Bitcoin Ponzi Scheme: Indian Scammers Face Justice

Money attracts thieves and masterminds of what could be the largest Bitcoin Ponzi scheme in history are facing justice. Vivek Bhardwaj, a software developer and brother of Gain Bitcoin founder and CEO Amit Bhardwaj, was brought to Delhi, India on Sept.

2018-9-24 21:30	Ponzi scheme
bitcoin face justice ponzi scheme indian bhardwaj

440 +

India: Bitcoin Scammer Offers to Return Initial Investments of his Victims

Amit Bhardwaj, the arrested self-proclaimed Bitcoin entrepreneur accused of duping thousands by promising hefty returns on Bitcoin investment, has told investigators that he is willing to return the principal amount owed to investors.

2018-8-29 21:00
bitcoin bhardwaj accused investors return owed all

287 +

Busted: Indian Police Raids CoinX Trading Office, Unearth $1.43 Million MLM Scam

Yet another cryptocurrency-based Ponzi MLM scheme surfaced on August 25, 2018, as the police caught five fraudsters in the city of Hyderabad, India. While raiding a local real estate firm, GRM Estates Pvt.

2018-8-29 05:00	Scam
caught mlm company trading police coinx behind

506 +

Brains behind $2.4 Billion Bitcoin Ponzi Scheme Arrested in Delhi

The man behind the Asian branch of the $2. 4 billion cryptocurrency scam operation Bitconnect has been arrested by police officers on August 18, 2018, from the Gujarat Criminal Investigation Department at Delhi Airport on his return to India.

2018-8-21 00:00	Scam
delhi arrested behind billion brains investigation ponzi

336 +

BitConnect's Alleged Ringleader Arrested in India: Local Reports

Nearly eight months to the day after the ponzi scheme BitConnect exit scammed, the sins of the project have caught up to one of its figureheads. Divyesh Darji, the alleged leader of BitConnect’s Asian team, was arrested this Saturday, August 18, 2018, in the Delhi airport by the Gujarat Criminal Investigation Department (CID).

2018-8-20 19:54	#scams
bitconnect platform 2018 these bcc service cid

541 +

Was BitConnect India A Ponzi Scheme? The Police Sure Think So

BitConnect India is now at the centre of an investigation as authorities believe that the whole concept was ‘probably’ a Ponzi scheme, a scam that saw round $3 billion in investments before the ‘exchange’ closed down in January 2018.

2018-8-20 14:00	Exchanges
bitconnect india scheme ponzi investigation around police

438 +

$150 Million Indian Crypto Ponzi GainBitcoin has Two More Suspects Arrested

Indian Police Dismantles Two Bitcoin Ponzi Schemes and Arrests Suspects Cryptocurrency and Bitcoin Ponzi schemes spread all over the world. This time, the Indian police was able to arrest two individuals that were involved in the ‘GainBitcoin’ Ponzi case.

2018-8-19 06:33	News
ponzi indian two police bitcoin schemes suspects

433 +

Indian Bitcoin Ponzi Schemer Offers to Repay Initial Investments to Victims

The alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments.

2018-7-19 05:30	Virtual Currency
investments bitcoin victims indian ponzi repay offers

328 +

Victims of India’s Bitcoin Scam Boss Offered Financial Restitution

Today, the Bitcoin price is much higher than what it was when we invested. Amit Bhardwaj and brother Vivek Bhardwaj after their arrest by Pune Police Efforts by FactorDaily to reach Zebpay for comment have been futile so far.

2018-7-18 10:00	Zebpay
bhardwaj bitcoin zebpay comment pune police efforts

286 +

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Coinbase wins CCI nod for minority stake in India’s CoinDCX exchange

India’s CCI clears Coinbase’s minority stake in CoinDCX, cementing the US exchange’s return to India and strengthening the local platform’s position in a top crypto adoption market. India’s antitrust regulator approved Coinbase Global Inc.

Coinbase To Acquire Minority Stake In India’s CoinDCX After Greenlight From Regulator

Coinbase’s move to deepen its reach in the Indian crypto market has received regulatory approval from local authorities.

India’s crypto adoption shifts as non-metro cities drive growth: CoinSwitch

India’s cryptocurrency market is undergoing a significant geographical and demographic shift, with non-metro regions emerging as the primary drivers of adoption and investment. According to the CoinSwitch Annual Report 2025, titled India’s Crypto Portfolio: How India Invests, the centre of gravity for crypto activity has moved decisively beyond major metropolitan areas, reflecting a broader and […]

Fake DBS crypto app scam exposes rising investor risks in India

Retired engineer loses ₹1. 28 crore to a fake trading app promoted through a WhatsApp investment group. Police warn of rising digital scams using cloned apps, fake experts, and staged investment returns.

India launches rupee-pegged digital asset Arc with Polygon and Anq

India plans rupee-backed Arc token with Polygon, Anq in 2026. India is preparing to launch a regulated, rupee-pegged digital asset in early 2026, according to sources familiar with the project. The Asset Reserve Certificate (ARC), a debt-backed token linked 1:1…

Binance CEO Bullish on India, Seeks Regulatory Clarity to Boost Crypto Market Standing

Binance CEO Richard Teng said India is an important market for cryptocurrency due to its large tech-savvy youth population.

2025-12-25 15:56

india ponzi → Результатов: 35

2025-10-19 21:00

2024-4-19 16:14

2023-9-19 20:07

2023-8-8 11:31

2022-8-26 00:49

2022-3-1 17:30

2022-2-15 12:44

2019-10-4 15:12

2019-8-8 17:59

2019-7-9 17:40

2019-7-7 19:06

2019-7-3 12:52

2019-5-5 00:36

2019-5-4 14:00

2019-4-26 17:17

2019-4-4 21:38

2019-4-4 20:04

2019-4-4 16:14

2019-4-4 13:46

2019-4-4 13:43

2018-12-22 11:14

2018-12-21 01:00

2018-11-14 00:18

2018-10-19 22:58

2018-9-24 21:30

2018-8-29 21:00

2018-8-29 05:00

2018-8-21 00:00

2018-8-20 19:54

2018-8-20 14:00

2018-8-19 06:33

2018-7-19 05:30

2018-7-18 10:00

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Add news: propose for publication, Submit ICO