Cryptokidnapping, or how to lose $3 billion of Bitcoin in India
(WorldNews India)

As the price of bitcoin soared last year from less than $1,000 to more than $19,700, so did BitConnect´s value. Bhatt and other investors in Gujarat poured bitcoin worth $3.2 billion into Bitconnect. india Updated: Aug 10, 2018 18:18 IST Jeanette Rodrigues and Archana Chaudhary Bloomberg Follow Story Follow Story --> Accusations of tax evasion and police corruption, a kidnapper who was kidnapped, a fugitive politician, and billions in bitcoin lost. This is crypto-trading Gujarat-style. The ingredients are part of an investigation in Prime Minister Narendra Modi’s home state into allegations that investors poured cash into a bitcoin-based Ponzi scheme that could exceed the...