Maynul Hoque
@maynul
๐ฎ๐ณ Indian Man Arrested In $144M Crypto Extortion Case Shailesh Babulal Bhatt was arrested by Indiaโs Enforcement Directorate in connection with a massive crypto extortion case. Bhatt, a Bitconnect investor, kidnapped and extorted over 2,091 Bitcoins and 11,000 Litecoins from associates of Bitconnect promoter Satish Kumbhani. The extorted assets are valued at Rs 1,232.50 crore ($144 million). Bhatt distributed part of the funds among accomplices, and the case is tied to the defrauding of investors by the now-defunct Bitconnect platform. ๐Source: ED via
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YanaGupta
@yanagupta
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