According to a report by Times of India, Nagpur police in India have uncovered a multi-level digital asset investment scam involving over ₹150 million INR (approximately $1.59 million USD). The schemes, named 'Free Coin' and 'Merchant Coin,' promised high returns through an app and encouraged users to recruit others, but withdrawals were restricted. Police have arrested two main suspects and frozen ₹21 million INR (around $220,000 USD) in funds. Forensic audits revealed that 'Merchant Coin' had no legitimate banking connections or real exchange value. https://(wublock123.com)/news/nagpur-police-bust-1-59m-crypto-scam-two-suspects-arrested-63131