Jogender
Kumar, S/o Sh.Tika Ram who stated that the cryptocurrency chit fund
company named Pluto Exchange with its office at 6D, 6th floor ... business of crypto currency and that they had
launched their own cryptocurrency and asked the complainant to
invest in their crypto currency and assured
they issued instructions for the transfer
of funds in the form of cryptocurrency, gift cards and wire transfers,
among other methods, .all designed to preserve ... exploited the crypto accounts of KYC-verified users who were
registered on cryptocurrency exchange platforms. This strategic
manoeuvre allowed them to easily liquidate
illegal gaming applications and
through such process diverted the money into cryptocurrency.
Petitioner has also been booked under PMLA. He does not
stand ... organised racket of running illegal gaming
applications and converting fiat currency into cryptocurrency.
2
A large volume of fiat currency to the tune
many other people by luring them to invest money
in their cryptocurrency schemes named Etherecash and EB3 coins. It is
further alleged that two bank ... victims/complainants as he has duped them by promising huge returns from
cryptocurrency schemes named EB3 coins and Etherecash. As per the
statement of witnesses
Brajesh
Raikwar, who were the business head for the marketing of a cryptocurrency
Plus Gold Union Coin (PGUC) in India, in connivance with the applicant
Brajesh
Raikwar, who were the business head for the marketing of a cryptocurrency
Plus Gold Union Coin (PGUC) in India, in connivance with the applicant
Singh,
Narendra Dhanotiya, Raees Ahmad Khan and 20 other people to purchase
cryptocurrency token of the aforesaid company @ Rs.5.00 per token by making ... saying that aforesaid company is doing the business of real estate
and cryptocurrency and will give handsome return, thereby took an amount
pretext that in
case they invest amount in 'Bitcoin' (Cryptocurrency), they will get huge
returns. The petitioner is otherwise not named
