CBI conducts searches at 60 locations in Rs 6,600 crore GainBitcoin cryptocurrency scam

The CBI on Tuesday conducted countrywide coordinated searches at 60 locations as part of its probe into Rs 6,600 crore GainBitcoin cryptocurrency scam, officials said.

The searches were spread across multiple cities including Delhi, Pune, Chandigarh, Nanded, Kolhapur and Bengaluru, targeting premises allegedly linked to key accused individuals, a CBI spokesperson said in a statement.

The ponzi scam perpetrated through a web of platforms, including flagship site www.gainbitcoin.com, was allegedly masterminded by Amit Bhardwaj (now deceased) and his brother Ajay Bhardwaj, the officials said.