Indian police bust $120 million

Crypto Ponzi scheme in the disguise of green energy firm

On Monday, the Odisha police busted a massively large crypto Ponzi scam worth Rs. 1,000 crore ($120.6 million). The police have also arrested some of the masterminds who were behind this scheme that has fooled hundreds of investors.

According to local media reports, the Economic Offences Wing (EOW) of the Odisha Police, revealed the details related to multi-million #dollar #crypto Ponzi #scam. Reportedly, the police have arrested Gurtej Singh Sidhu, aged 40 and alleged Indian head of

'STA Crypto token', a Ponzi firm from Sri-Ganganagar, Rajasthan.