AiCoin|Aug 03, 2026 13:40
[India's Enforcement Directorate Seizes Assets Worth Approximately ₹13.1 Million from Hemant Ishwar Sharma]
According to the official account of India's Enforcement Directorate (ED) (@dir_ed), the Dehradun zonal office temporarily seized assets worth approximately ₹8.54 million on July 31, 2026, under the Prevention of Money Laundering Act, 2002 (PMLA), in connection with a suspected Bitcoin investment scam involving Hemant Ishwar Sharma. Hemant Ishwar Sharma is accused of luring the public into investing in Bitcoin through his Iceland-registered website BTCFUND.IS. The total amount seized in this case has now reached approximately ₹13.1 million. Hemant Ishwar Sharma has been arrested by the ED and is currently detained at the Siddhowala Jail in Dehradun.
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