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Fraudsters fooling investors with Fake Cryptocurrency

With the surge in the price of the Cryptocurrencies, there have been increasing in the fraudster cases and hacking of the Bitcoins around the world.

So, it is important for everyone to beware if someone approaches you to buy a Bitcoin and promises to double your profit. They are all fake!

Over the past few months, investigating agencies have been flooded with complaints of alleged Bitcoin exchanges that are nothing but multi-level marketing schemes.

In the recent past, Delhi Police have been flooded several complaints of alleged Bitcoin exchanges and have started investigating on several fake companies.

Police have recently arrested 32-year-old Narendra, who was operating a dubious 'Indian cryptocurrency' company, Kashh Coin. Theexposé came after a west Delhi resident filed a complaint against Narendra, who convinced him to invest Rs 15 lakh six months ago. While he promised him 1.8 times return every month, but he never received a single penny.

“They asked me to wait till...(continued)
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