India’s Crackdown on BitConnect: ED Seizes $190 Million in Crypto Assets

The post India’s Crackdown on BitConnect: ED Seizes $190 Million in Crypto Assets appeared first on Coinpedia Fintech News

India’s Enforcement Directorate (ED) has made a breakthrough in the BitConnect cryptocurrency fraud case, seizing $190 million worth of crypto assets. The crackdown comes years after BitConnect, a Ponzi scheme that started in 2016, defrauded investors worldwide, leading to the collapse of its token from $521 to just $1.  India’s ED Seized $190 Million In …