Big news about cryptocurrency! In India, the government found and took away a lot of cryptocurrency, cash, and even a fancy car. It was all part of an investigation into a big cryptocurrency scam called BitConnect.
BitConnect promised investors big returns, but it was a trick! It was like a game where some people win, but most lose.
The money was hidden using special online wallets, but the government found it.
- BitConnect was a fake cryptocurrency investment.
- Investors lost lots of money.
- Indian authorities seized $190 million in crypto and other assets.
| Fact | Amount |
|---|---|
| Money seized | $190 million |
| Restitution ordered (in US) | $17 million |
