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.
In the latest bitcoin fraud, a man has been allegedly duped of 22.59 lakh after seven men pursued him to invest in bitcoins launched by a company, the police reported.
A case of cheating has been registered at the Khadakpada police station but no arrest has been made so far, the police said.
According to a news report by Delhi Businessman Loses Rs. 91 Lacs in a Bitcoin Fraud
