GainBitcoin fraud: India’s biggest crypto ponzi scam may have cheated 1 lakh people of over Rs 1 tn | Business

New Delhi: The sheer size of the GainBitcoin scam that rocked the nation some time back is turning out to be way bigger than thought, with reports suggesting that around one lakh victims may have lost more than Rs 1 trillion in the scam.

With a total of 40 FIRs registered by victims (more than 13 FIRs in Maharashtra alone) and Punjab, a large number of people from other states may have also lost their hard-earned savings in the GainBitcoin scam.

Amit Bhardwaj, the mastermind who died of cardiac arrest earlier this year, may have collected Bitcoins anywhere between 385,000 to 600,000, amounting to more than Rs 1 trillion.

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