🚨 The BitConnect scandal returns to the forefront… but this time with shocking arrests 🚨
In a serious development, Indian authorities announced the arrest of two individuals on charges related to one of the most famous cryptocurrency scams in history: BitConnect.
The story is not just about numbers… but a complete crime network that shook the confidence of thousands of investors.
What happened?
🔹 The accused were involved in kidnapping and extortion
🔹 The following were stolen:
2,254 Bitcoin
11,000 Litecoin
145 million rupees in cash
💸 Part of the Bitcoin was converted to ETH and USDT, then passed through multiple wallets to conceal the trail.
🧊 Authorities froze assets worth approximately 190 million rupees, including cryptocurrencies, stocks, and cash.
📊 The total seized or frozen assets so far reached around 21.7 billion rupees.
The grand deception?
BitConnect promoted itself as having an AI trading robot capable of achieving
📈 40% monthly profits
And it was an attractive promise… but it was an illusion that cost victims a lot.
⚠️ The lesson is clear:
In the crypto world, greed + unrealistic promises = real danger.
Not everything that glitters is gold… and not every “smart” project is honest.
👇 What do you think?
Do you still trust high-yield projects?
Share your opinion, hit like, and share the post to spread the warning to everyone.
