Mastermind Behind Bitcoin Ponzi in India Offers to Compensate Victims

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The arrested Ponzi scheme kingpin behind India’s biggest cryptocurrency scam, Amit Bhardwaj, has now offered to pay back thousands of investors their initial investments in Indian rupees.

Zebpay, one of the largest cryptocurrency exchanges in India, was asked to help investigate the matter. However, the initial responses from investors seem to suggest that they will oppose this move, demanding their shares in the current market value of their original bitcoins.

“We want the returns in (today’s) cryptocurrency value and not the value of the cryptocurrency when we invested. Today, the Bitcoin price is much higher than what it was when we invested. It is like Bhardwaj will keep the profits and just return the principal amount which is wrong,” said a victim, who asked to stay anonymous in this story because investigations are not complete.

Read More: https://news.bitzamp.com/mastermind-behind-bitcoin-ponzi-in-india-offers-to-compensate-victims/

[trofim21]

an interesting article, such news in my opinion positively affect the overall rate of all currencies