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Indian Authority Cracks Down on Highrich Online’s Crypto Operations

India’s Enforcement Directorate (ED) has conducted searches that uncovered a Ponzi scheme involving cryptocurrency operations and HR Crypto Coin, leading to significant asset seizures and freezing. The coins were part of the scheme, luring people to invest with promises of a 15% annual interest rate and offering 30% direct referral income for introducing new customers. […]

from Bitcoin News https://ift.tt/lsnbfhX

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