New Delhi, March 11 -- The Central Bureau of Investigation (CBI) on Wednesday said that they have arrested key accused Ayush Varshney, the co-founder and CTO of Darwin Labs Private Limited, in connection with the GainBitcoin cryptocurrency fraud case.
As the accused was absconding, a Look Out Circular (LOC) was issued against him. On March 9, he was intercepted by Immigration authorities at Mumbai while attempting to leave India and was subsequently handed over to the CBI. The accused was arrested by the CBI on March 10 in accordance with law.
The case pertains to the alleged GainBitcoin Ponzi scheme floated by Variabletech Pte. Ltd., wherein investors were induced to invest in a fraudulent cryptocurrency scheme on the promise of high ret...