The founders of #Forsage were indicted for their alleged ro

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The founders of #Forsage were indicted for their alleged role in a $340 million “Ponzi and pyramid scheme.” The four Russian nationals were charged with conspiracy to commit fraud and could face 20 years jail if convicted.

The founders of #Forsage   were indicted for their alleged role in a $340 million “Ponzi and pyramid scheme.”
The four Russian nationals were charged with conspiracy to commit fraud and could face 20 years jail if convicted.

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A woman in Bengaluru lost Rs 26 lakh to a fraud that promised a return of 30% in five days, said Inspector Das. "If a person invest Rs 100, they were promised to get Rs 130 on the fifth day; if they invest Rs 1,000, they were promised Rs 1,300. It is a scam," he said.

Freeze & fleece exposed:Indian law enforcement Karnataka cops held for extorting Rs 4 lakh from crypto traders in Kerala HIGHLIGHTS ° The police officers from Whitefield Police Station in Bengaluru demanded Rs 10 lakh to let off two men in online fraud case ° Kerala police intercept their vehicle, find Rs 3.95 lakh in their car; charge four officers with extortion For the past couple of years, cryptocurrency traders have been raising allegations of police corruption, of how investigating officers demand bribes to clear their names from online cheating cases in which they had no role. If the traders refuse to pay up, their bank accounts are frozen, indefinitely, and sometimes they are arrested and remanded in custody. Now for the first time, Kerala Police took into custody four officers of Karnataka Police for extortion.

only hodlers can survive #crypto2023 #BTC #dyor

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India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to develop “a synthesis paper” on #crypto assets as part of the G20 meeting of finance ministers and central bank governors under India’s presidency.

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