Shimla, Aug. 9 -- Himachal Pradesh High Court has rejected the regular bail plea of Abhishek Sharma, accused in a massive cryptocurrency fraud case, citing the gravity of economic offences and the absence of any substantial change in circumstances since his earlier bail rejections.
Justice Sushil Kukreja, delivering the order , noted that Sharma, a resident of Una, is prima facie involved in a large-scale scam that allegedly duped over 80,000 investors across the country.
The court observed that the scheme collected investments worth around Rs 2,000 crore over four years, causing an estimated loss of Rs 500 cr.
According to the prosecution, Sharma was a close associate of prime accused Subhash Sharma - currently absconding abroad - and a...