India’s anti-money laundering unit said it took about 16.5 billion Rupees ($ 190 million) amounts of crypto, some cash and a Lexus car during an investigation into the fall of bitconnect cryptocurrency.
BitConnect, founded in 2016 by Satish Numbhani, raised billions -billions of dollars from investors for a purported protocol that pays 10% of interest revenues. The method of ponzi $ 17 million as a fee to be paid to the victims.
Komhani, a citizen of India, is accused in the US And ay Want in India.
The company claims to invest money “is a sham, because the accused knows that bitconnect does not put investor funds for trading along with the purported trading bot instead, they are raising the funds of the funds Investing for their own benefits, and benefits of their comrades, by the benefit of their comrades, by transferring those funds to digital wallet addres said in a statement on Saturday.
A “complex web of transactions” by “many crypto wallets” was used to hide the identities of those with the purses.
“However, by monitoring many web wallets and gathering ground intelligence, the purse and the areas where digital devices that are such crypto currency are zero-on-on,” he said.
