Indian authorities have seized assets linked to the collapsed BitConnect crypto scam, which defrauded investors worldwide. The Enforcement Directorate (ED) confiscated properties worth millions under money laundering laws. BitConnect, a Ponzi scheme, promised high returns through its lending program before abruptly shutting down in 2018. Victims lost billions globally, including Indian investors. The U.S. had previously charged BitConnect founder Satish Kumbhani with fraud. Indian officials are now investigating local links and money trails. This crackdown highlights increasing regulatory action against crypto frauds in India, aiming to protect investors and enforce financial compliance in the growing digital asset market.
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USDC
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XRP
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SOL
$73.60
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FIGR_HELOC
$1.04
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HYPE
$56.52
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DOGE
$0.069541
▼ -0.60%
USDS
$0.999911
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$512.14
▲ +0.90%
ADA
$0.201592
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XMR
$368.74
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WBT
$56.04
▼ -0.20%
LINK
$8.21
▲ +0.40%
XLM
$0.161751
▼ -0.30%
DAI
$0.999911
▲ +0.00%
BCH
$215.54
▲ +0.30%
USD1
$0.999756
▲ +0.00%
USDE
$0.999628
▲ +0.00%
GRAM
$1.34
▼ -4.00%
Mkt Cap $2.29T
BTC Dom 56.75 %
BTC
$64,788.00
▼ -0.10%
ETH
$1,912.11
▼ -0.10%
USDT
$0.999337
▲ +0.00%
BNB
$589.62
▼ -0.90%
USDC
$0.999628
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.60
▼ -0.40%
TRX
$0.326742
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.52
▲ +0.80%
DOGE
$0.069541
▼ -0.60%
USDS
$0.999911
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$512.14
▲ +0.90%
ADA
$0.201592
▲ +6.40%
XMR
$368.74
▲ +1.50%
WBT
$56.04
▼ -0.20%
LINK
$8.21
▲ +0.40%
XLM
$0.161751
▼ -0.30%
DAI
$0.999911
▲ +0.00%
BCH
$215.54
▲ +0.30%
USD1
$0.999756
▲ +0.00%
USDE
$0.999628
▲ +0.00%
GRAM
$1.34
▼ -4.00%
BTC
$64,788.00
▼ -0.10%
ETH
$1,912.11
▼ -0.10%
USDT
$0.999337
▲ +0.00%
BNB
$589.62
▼ -0.90%
USDC
$0.999628
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.60
▼ -0.40%
TRX
$0.326742
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.52
▲ +0.80%
DOGE
$0.069541
▼ -0.60%
USDS
$0.999911
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$512.14
▲ +0.90%
ADA
$0.201592
▲ +6.40%
XMR
$368.74
▲ +1.50%
WBT
$56.04
▼ -0.20%
LINK
$8.21
▲ +0.40%
XLM
$0.161751
▼ -0.30%
DAI
$0.999911
▲ +0.00%
BCH
$215.54
▲ +0.30%
USD1
$0.999756
▲ +0.00%
USDE
$0.999628
▲ +0.00%
GRAM
$1.34
▼ -4.00%
Mkt Cap $2.29T
BTC Dom 56.75 %
BTC
$64,788.00
▼ -0.10%
ETH
$1,912.11
▼ -0.10%
USDT
$0.999337
▲ +0.00%
BNB
$589.62
▼ -0.90%
USDC
$0.999628
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.60
▼ -0.40%
TRX
$0.326742
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.52
▲ +0.80%
DOGE
$0.069541
▼ -0.60%
USDS
$0.999911
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$512.14
▲ +0.90%
ADA
$0.201592
▲ +6.40%
XMR
$368.74
▲ +1.50%
WBT
$56.04
▼ -0.20%
LINK
$8.21
▲ +0.40%
XLM
$0.161751
▼ -0.30%
DAI
$0.999911
▲ +0.00%
BCH
$215.54
▲ +0.30%
USD1
$0.999756
▲ +0.00%
USDE
$0.999628
▲ +0.00%
GRAM
$1.34
▼ -4.00%
