Related News

Patna: A monumental banyan tree (Ficus benghalensis) located on the Indian Tobacco Company (ITC) campus in Munger has been identified as one of the world’s oldest scientifically dated living trees

NEW DELHI: Unexpected side effects from medicines often come to light only after a drug is widely used. To strengthen monitoring of such cases, India’s drug regulator has directed pharmaceutical

Mathematical model reveals how ambitious you should be. A mathematical model has now cracked the exact degree to which one should be ambitious and unlike conventional wisdom, it says ‘don’t

NEW DELHI: NASA’s Psyche spacecraft has pulled off a dramatic flyby of Mars, capturing striking close-up views of the Red Planet, including the massive Huygens Crater, as it slingshots deeper

For a long time, scientists believed that only amphibians like salamanders could regrow complex limbs. But then came some groundbreaking findings from Texas A&M University. Researchers there discovered that mammals

NASA’s Jet Propulsion Laboratory recently reached a significant achievement in space travel technology. They successfully tested a lithium-fed magnetoplasmadynamic (MPD) thruster, establishing a domestic power milestone for power output in

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

ED locks 1,646cr assets in crypto scam, accused faces 70 years’ jail | India News

Word Count: 431 | Estimated Reading Time: 3 minutes


ED locks 1,646cr assets in crypto scam, accused faces 70 years' jail

AHMEDABAD: In one of the largest seizures of cryptocurrency in the country, Enforcement Directorate (ED) has frozen Rs 1,646 crore worth of such assets as part of a probe into a larger $2.4 billion (Rs 22,500 crore) BitConnect scam. Prime accused Satish Kumbhani was indicted in the US in 2022 and faces 70 years in prison in the case that dates back seven to nine years.
ED’s Ahmedabad zonal office said apart from seizures under Prevention of Money Laundering Act (PMLA), Rs 13.5 lakh in cash and a luxury car along with digital devices were seized. ED had earlier attached movable and immovable properties worth Rs 489 crore in the case.





Source link

Most Popular Articles