India's Largest Crypto Ponzi Scheme Robs Victims of $12.8 Billion!

GainBitcoin is India's largest-ever crypto Ponzi scheme, costing victims billions of dollars. GainBitcoin, an intricate pyramid scam, has lost a total of over 1 trillion Indian rupees, which is more than $12.8 billion. For 18 months, the organization guaranteed its victims a 10% monthly return on Bitcoin-on-Bitcoin deposits. Bhardwaj is thought to have profited between 385,000 and 600,000 Bitcoins, and police in Pune, Maharashtra's state capital, is said to have traced over 60,000 user IDs and email addresses implicated in the case. With Bhardwaj gone, the next top suspect is his brother Ajay Bhardwaj, who did not comply with the order to provide his late brother Amit with his crypto wallet username and password to India's Ministry of Finance Department of Revenue's Enforcement Directorate.