Shubham JainChandigarh, India
Apr 5, 2018
Bitcoin fraud: Director of firm involved in Rs 2000 crore scam arrested The police have said that Amit Bhardwaj had set up an elaborate Multi-Level marketing scam by luring investors to hand him bitcoins in the promise of higher returns. Under his scheme, investors were asked to invest one bitcoin for a ten per cent return. Source: The Indian Express (Link: http://indianexpress.com/article/india/bitcoin-fraud-amit-bhardwaj-director-of-firm-involved-in-rs-2000-crore-scam-arrested-5124244/) Followed by the Arrest the price of MCAP is expected to fall and has already fallen by 75% according to CoinMarketCap.com
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