Cryptocurrency racket surfaces as Vizag cops lose Rs 7 crore
VISAKHAPATNAM: As many as 230 police personnel have allegedly lost `7 crore in a cryptocurrency racket run by two constables in Visakhapatnam. According to sources, the accused constables of 2007 Rural AR, and 2009 batches had promised a monthly return of Rs 50,000 on an investment of Rs 3 lakh in cryptocurrency. Lured by high returns, several police personnel fell victim to cryptocurrency fraud.
