The GainBitcoin scam that hit the headlines few years back has turned out to be bigger than previously thought. According to new reports by various media sources, the GainBitcoin scam duped more than 1 lakh people in various states like Maharashtra and Punjab. It is now estimated that this Bitcoin ponzi scam has gathered Rs 1 trillion in Bitcoin assets but since the price of Bitcoin has now crashed, the actual figure might have been more.
In other news, Keith Johnson has filed a $258 billion class action suit in New York against Elon Musk. Keith is alleging that Elon Musk defrauded investors of Dogecoin and he believes it is nothing but a “Dogecoin Crypto Pyramid Scheme,” as per various media sources.
GainBitcoin scam: Supreme Court asks accused Ajay Bhardwaj to disclose username, password of cryptowallet to ED