CBI Cracks Down on Gainbitcoin Scam in India, Seizing $2.75M in Cryptocurrency | Airdrop Alert Pro

The strongest move ever revealed the infamous Gainbitcoin scam – allegedly orchestrated by Amit Bhardwaj (deceased) and Ajay Bhardwaj, the Central Bureau of Investigation of India. Curious about knowing more details? Continue reading?

CBI seizes 2.75 m of cryptocurrency in national raid

exist Press releaseThe CBI acknowledged that it had rumored to have raided at nearly 60 locations in India, a case linked to the infamous Gainbitcoin scam, which was transferred to them, was investigated in detail by the country’s Supreme Court, the Indian Supreme Court, and the Indian Supreme Court, after several first batch of information reports related to the scam were registered.

Reports show that the raids were carried out in several major cities including Delhi, Pune, South Germany, Mumbai, Mumbai, Bangalore, Chandigarh, Chandi, Mohari, Mohari, Jansi and Hebry.

During the raid, some important evidence has been reportedly captured, including 121 files, 34 laptops and hard drives, 12 cell phones, as well as several emails and instant messaging data dumps.

The CBI press release confirmed reports about the seizure of several key documents and electronic devices during the raid.

Importantly, the report states that central agencies have been seized Cryptocurrency During the raid, it is worth no less than US$2.75 million.

GainBitCoin Scam: How It Deceives Investors

It was in 2015 that the infamous GainBitcoin Ponzi scheme was launched. As mentioned above, Amit Bharadwaj (deceased) and Ajay Bhradwaj allegedly played a crucial role in planning this fraudulent plan.

Like every successful Ponzi scheme, the GainBitCoin program also attracts people with huge monthly returns. It promises investors a staggering monthly return of 10% on 18 months of BTC investment.

Initially, everything went smoothly. Naturally, it helps the scammers attract more victims. Its multi-level marketing model complements its growth and expansion.

The crash began when the evacuation was suspiciously converted to the internal cryptocurrency MCAP.

In 2018, Amit Bharadwaj and his team, including Ajay Bhradwaj, Nikunj Jain and Sahil Baghla, were linked to the scam and produced in a special court.

In a very short time, multiple FIRs were registered across the country. Considering the seriousness and nature of the crime, the Supreme Court directed the CBI to conduct a detailed investigation into the matter.