Indian Police Officer Arrested Over Kidnapping Crypto Trader For $40 Million
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Indian Police Officer Arrested Over Kidnapping Crypto Trader For $40 Million

THELOGICALINDIAN - MUMBAI Indian authorities arrested a bent badge constable and his seven assembly on Wednesday February 02 2022 The authorities answerable them for kidnapping a bounded crypto banker to get a bitcoin bribe account 40 million

Dilip Tukaram Khandare came to apperceive about a being residing at Pune, the east bartering basic of Mumbai, possessing a advantageous Bitcoin wallet. So he able a plan to snatch him.

He and his assembly kidnapped a 38 years old Vinay Naik on January 14. They ordered the crypto banker to accelerate them all his cryptocurrency from his agenda wallet account $40 actor (Three billion Indian rupees) beside a banknote amount of 800,000. 

Related Reading | Pune Police Officer Arrested Over Crypto Kidnap Plot

 

The badge were on their tail, and the kidnappers accomplished this, so they let Naik go afterwards abrupt consideration. Badge arrested abyss anon able-bodied in time.  

Later in a columnist release, a chief badge administrator affirmed;

New Rules and Taxes For Crypto Trader

Cryptocurrency is a hot banking affair in India, with several arrant platforms and celebrity endorsements authoritative it assume like an adorable investment. However, there are still abounding risks for those who advance in this market. Scams happen every day, so you accept to be accurate how abundant money goes into your account.

With the booming cryptocurrency market, it was not continued afore fraudsters apparent this new befalling and alien their types of these agenda currencies to booty advantage. The Supreme Cloister eventually banned all cryptocurrencies afterwards a alternation of scandals that rocked society, but afterwards the cloister aerial the restrictions afterwards two years.

Indian Government additionally appear this anniversary to administer 30% taxes for crypto traders on profits becoming on cryptocurrencies. In addition, the Government additionally affairs to barrage a “digital rupee” answer by the Indian axial bank.

Related Reading | India to tax cryptocurrencies at 30%, puts agenda assets in accomplished tax band

The accommodation to abode cryptocurrency and NFT balance in India’s accomplished tax bandage was met with alloyed reviews from investors, who were balked that they could not account losses adjoin added income.