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India Seizes $198M in Crypto—Unraveling One of the Biggest Crypto Frauds

India’s ED seizes $198 million in crypto linked to Bitconnect’s infamous Ponzi scheme. A global fraud, high returns promised, and digital assets hidden—here’s the full story. India Seizes $198M in Crypto in Bitconnect Fr...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

India Seizes $198M in Crypto—Unraveling One of the Biggest Crypto Frauds
India’s ED seizes $198 million in crypto linked to Bitconnect’s infamous Ponzi scheme. A global fraud, high returns promised, and digital assets hidden—here’s the full story. India Seizes $198M in Crypto in Bitconnect Fraud Probe India’s Directorate of Enforcement (ED) in Ahmedabad announced on Feb. 15 that it has seized cryptocurrencies worth Rs. 1,646 crore […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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