- October 5, 2023
Two masterminds of HP multi-crore crypto currency scam held in Gujarat
Two masterminds of HP multi-crore crypto currency scam held in Gujarat
Two of the masterminds of a multi-crore crypto currency scam in Himachal Pradesh have been arrested in Gujarat. The police say that the two men have swindled thousands of people out of crores of rupees.
The scam involved the creation of a fake crypto currency called “Himachal Coin.” The scammers promised investors high returns on their investments, but they eventually disappeared with the investors’ money.
The arrest of the two masterminds is a welcome development. However, there are many other crypto currency scams that are still operating in India. The government needs to take steps to regulate the crypto currency industry and protect investors from fraud.