India’s Central Bureau of Investigation Teams up with Liminal to Masterfully Handle Seized Digital Assets

Indian Central Bureau of Investigation Names Liminal as Managing Partner for Seized Digital Assets

India’s Central Bureau of Investigation (CBI), the Sherlock Holmes of the nation, is teaming up with digital asset custodian Liminal to handle seized digital goodies. Talk about a dynamic duo! Liminal has already flexed its muscles by putting together a crack team to create Fort Knox-level wallets for storing these seized assets. No details about the mission were leaked, but we do know that India has had its fair share of cryptocurrency scams, from a whopping $300 million debacle that landed 18 individuals in cuffs to a cheeky $120 million caper that nabbed at least two masterminds. It’s like the Indian counterpart to Ocean’s Eleven!

The CBI, being quite the silent type, has yet to respond to CoinDesk’s request for a statement. But according to the official announcement, the bureau’s officers were apparently blown away by Liminal’s wizardry and wanted to express their gratitude for the collaboration. Solving crime just got a dash of digital spice!

Now, let’s talk about Liminal, the superhero in this story. They managed to raise a staggering $4.7 million in their seed funding round, attracting the attention of venture capital firm Elevation Capital and some big-shot angel investors like Andreas Antonopoulos, Balaji Srinivasan, and Sandeep Nailwal. Mahin Gupta, the founder of Liminal, knows a thing or two about the cryptocurrency game, having co-founded India’s early crypto exchange, ZebPay. This Singapore-based champion is all about building a safe and heavily-regulated digital asset ecosystem in India. With the CBI as their sidekick, there’s no doubt they’re ready to fight the baddies in the crypto realm!

To the readers out there, just remember: if you ever find yourself in a pickle with your digital assets, rest assured that Digital Batman and his trusty companion, Liminal, are here to save the day. It’s like having Tony Stark and Bruce Wayne on your speed dial! Stay safe and keep investing, my fellow treasure hunters!

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[Read More: Indian Police Arrest 8 More in $300M Crypto Scam: Report]

Edited by Omkar Godbole.

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