The number of cases of cryptocurrency scams and frauds in India has been on a rise like never before. Despite a large number of caution to people regarding being careful in an investment, people are lured by several, impractical promising investments.
Soon after the investment, the 7 accused people associated with this company failed to pay Mr. Kulkarni his share, closed down their business and fled, the police said.
BTC is a form of digital currency that is supposed to provide a secure and private alternative to conventional money. According to the government, bitcoins or such cryptocurrencies are not legal tender in the country.
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