Cryptocurrency Investment Fraud: 7 More Held in Nagpur

Cryptocurrency Investment Fraud: 7 More Held in Nagpur

Cryptocurrency Investment Fraud: 7 More Held in Nagpur Technology By Sunil yadav On Feb 21, 2022 0 Share (adsbygoogle = window.adsbygoogle || []).push({}); The number of arrests in a Rs. 40-crore cryptocurrency fraud in Nagpur in which over 2,000 investors were duped reached 11 on Sunday, a day after the main accused, his wife, and two associates were held from Lonavala in Pune, police said. An official said main accused Nishid Wasnik used to flaunt his luxurious lifestyle to get people to invest in a firm that he claimed was dealing in Ether cryptocurrency. Ether price in India stood at 2.17 lakhs as of 10am IST on February 21. “He manipulated the website of the firm to show a steady rise in the value of investments, while transferring money into his accounts fraudulently between 2017 and 2021. He had even organised a seminar on cryptocurrency investment in Panchmarhi in Madhya Pradesh,” the official said. (adsbygoogle = window.adsbygoogle || []).push({}); Wasnik went into hiding in March last year, leaving the investors in the lurch, before being arrested from Pune district on Saturday. All 11, including the seven arrested on Sunday, were charged under IPC, Maharashtra Protection of Interest of Depositors Act and Information Technology Act provisions by Yashodhara Nagar police, he said. Late last month, hackers took control of several YouTube channels that belonged to crypto-supporting influencers as well as Indian exchanges, such as CoinDCX, WazirX, and Unocoin. The hackers posted video instructions asking people to wire them money in cryptocurrency. A wallet link was added by the hackers in the description section of the video. (adsbygoogle = window.adsbygoogle || []).push({}); The hackers are believed to have interrupted YouTube servers to abruptly play the video message on hijacked accounts. USD Coin, Binance, and Ether were among cryptocurrencies they were asking for, in exchange for a new, unfamiliar cryptocurrency called OWCY. Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article. Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook (adsbygoogle = window.adsbygoogle || []).push({}); We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines. For all the latest Technology News Click Here For the latest news and updates, follow us on Google News. (adsbygoogle = window.adsbygoogle || []).push({}); Read original article here Denial of responsibility! TechAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours. (adsbygoogle = window.adsbygoogle || []).push({}); cryptocurrencycryptocurrency exchangecryptocurrency fraudcryptocurrency fraud scam investment ether eth nagpur lonavala pune nishid wasnik arrest cryptocurrencycryptocurrency pricesEtherether price in indiafraud 0 Share Sunil yadav 16761 posts Prev Post ‘Extremely sad’: Virender Sehwag hits out at journalist on Twitter for misbehaving with Wriddhiman Saha Next Post India vs West Indies: Need to be ready to bowl at death, we need to be mentally tough, says Shardul Thakur | Cricket News – Times of India Leave a comment

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