India confiscates assets in a $162M Morris coin crypto investment scheme

India confiscates assets in a $162M Morris coin crypto investment scheme

The Indian Enforcement Directorate confiscated assets worth $5 million in relation with a $162 million cryptocurrency fraud employing Morris coin.  In connection with a cryptocurrency fraud, India’s Enforcement Directorate (ED), a specialized financial investigative agency under the Department of Revenue, Ministry of Finance, has confiscated assets worth 36.72 crore rupees ($5 million). Authorities in India […]