Businessman and a legendary pornstar implicated in a $300M Bitcoin scam

June 6, 2018 Neer Varshney


There has been a long upstanding debate in India about celebrities being held liable for the brands they endorse, and some of them are now learning their lesson the hard way. Enforcement Directorate (ED), the intelligence agency responsible for fighting economic crimes in India, is questioning several celebrities with regards to their involvement in a $300 million cryptocurrency scam, led by now-imprisoned entrepreneur Amit Bharadwaj. Bhardwaj founded a series of Bitcoin mining firms such as Gain Bitcoin, GB Miners, and MCAP, promising a 10 times return for investors. Needless to say, none of these exuberant high-return promises panned out; instead, investors ended…

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