Indian authorities have intensified their investigation into the GainBitcoin scam, a fraudulent scheme that allegedly duped investors out of ₹6,600 crore (around $800 million).
According to a February 25 statement, the Central Bureau of Investigation (CBI) conducted searches at 60 locations across the country, including Delhi NCR, Pune, Chandigarh, Kolhapur, Nanded, and Bengaluru.
The CBI has consolidated multiple complaints filed in various states, including Maharashtra, Karnataka, Punjab, Delhi, Jammu & Kashmir, and West Bengal, into a single case. The agency stated that its goal is to identify all those involved, recover misappropriated funds, and examine international transactions linked to the scheme.
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