🇮🇳 ⚠️Indian Man Arrested In $144M Crypto Extortion Case

Shailesh Babulal Bhatt was arrested by India’s Enforcement Directorate in connection with a massive crypto extortion case.

Bhatt, a Bitconnect investor, kidnapped and extorted over 2,091 Bitcoins and 11,000 Litecoins from associates of Bitconnect promoter Satish Kumbhani.

The extorted assets are valued at Rs 1,232.50 crore ($144 million).

Bhatt distributed part of the funds among accomplices, and the case is tied to the defrauding of investors by the now-defunct Bitconnect platform.

🌐Source: ED via$BTC #MarketDownturn #india_crypto #BlackRockETHOptions #BinanceLaunchpoolTON