Over 1,000 Indian police caught up in $240M crypto scam

The Ponzi-style scheme lured investors with hefty returns on investment in two fictitious cryptocurrencies, Korvio Coin and DGT Coin.
The Ponzi-style scheme lured investors with hefty returns on investment in two fictitious cryptocurrencies, Korvio Coin and DGT Coin.
Lawyers representing mining tycoon Andrew Forrest say that the documents lack a legitimate forensic purpose and have no relevance to the case.
As part of an investigation into the suspects, Thailand’s Anti-Money Laundering Office has seized property worth 585 million baht ($16.5M).
Scammers lured crypto investors with promises of handsome profits but their so-called portfolios were faked by computer programmers.
According to the UN, in addition to being forced to work crypto scams, trafficked people are also suffering myriad human rights abuses.