Indian police found scam money millions of dollars in cryptocurrency scams involving BitConnect promoters

Contelegraph quoted the Times of India as saying that the Indian police had discovered a multi-million dollar cryptocurrency scam involving BitConnect promoters. The Criminal Investigation Department (CID) in Gujarat, India, accused Divyesh Darji, the founder of the disbanded investment program BitConnect, tempting people to invest in “Regal Coin” and promised an unrealistic return on investment of up to 5,000%. A CID official said that the estimated amount of fraud reached tens of millions of rupees.