Police officials in India have reportedly apprehended Hardik Zadafiya, a local resident who has been accused of being involved in a fraudulent cryptocurrency-related scheme. According to the Times of India, four other individuals allegedly involved in the crypto-related crime have not yet been arrested. As reported by local news sources, the accused reportedly lured unsuspecting investors into investing Rs 1.64 Crores (appr. $231,000) into a questionable crypto scheme. Although all the details regarding the financial crime are not yet clear, investigating officers believe the accused may have embezzled a lot more funds from local residents.
