Indian police arrested Bitconnect website developer for alleged cryptocurrency fraud

On July 31, DhavalMavani, which developed the Bitconnect website, was arrested in New Delhi. Mavani was hired by Bitconnect Asia head Divyesh Darji in 2017 to create a website for Bitconnect, which is considered an important part of the $3.2 billion cryptocurrency scam. It is reported that he is also a witness of two businessmen in Gujarat, India, allegedly kidnapped for extorting 11,000 Litecoins, 2,256 bitcoins and cash cases.