The Indian authorities seized properties worth $60 million in connection to the investigation of the Gainbitcoin.com scam. The Indian Directorate of Enforcement (ED) seized six offices in Dubai and the residential apartments and bank accounts belonging to the associates in Gainbitcoin.com, Hemant Bhope and Pankaj Adlakha, CCN reported.
The scheme targeted Indian investors directly by presenting a fake mining facility. Estimates see around 8,000 people scammed. The scheme unraveled in December 2017, days before Bitconnect also saw its crash following the slide in BTC market prices.
The inve...
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