ED locks 1,646cr assets in crypto scam, accused faces 70 years' jail
Enforcement Directorate (ED) has frozen cryptocurrency assets worth Rs 1,646 crore as part of a probe into a major $2.4 billion BitConnect scam. Key accused Satish Kumbhani, indicted in the US in 2022, faces 70 years in prison. ED's Ahmedabad office seized Rs 13.5 lakh in cash, a luxury car, and digital devices.
Enforcement Directorate (ED) has frozen cryptocurrency assets worth Rs 1,646 crore as part of a probe into a major $2.4 billion BitConnect scam. Key accused Satish Kumbhani, indicted in the US in 2022, faces 70 years in prison. ED's Ahmedabad office seized Rs 13.5 lakh in cash, a luxury car, and digital devices. What's Your Reaction?
