$11M Indian cryptocurrency scam investigation stalls as victims avoid testifying

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$11M Indian cryptocurrency scam investigation stalls as victims avoid testifying
By Matthew Beedham

It seems there’s news of a new cryptocurrency scam every week. Usually, as victims come forward the scam is revealed and the perpetrators get caught. However, one scam investigation in India has hit a dead end. Subhashchand Jewria encouraged people to invest in their virtual currency, ATC Coin. Claiming after an 18 month “lock-in” period the cryptocurrency could be used for online shopping, but nothing ever materialized. A year after Jewria’s arrest, the investigation is stalled as no victims have come forward, the Indian Express reports. Several of the scam’s victims were identified during the investigation, but when asked, none…

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October 16, 2018 at 06:47PM
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