{"id":20164,"date":"2022-06-17T14:42:44","date_gmt":"2022-06-17T14:42:44","guid":{"rendered":"https:\/\/egrowonline.com\/?p=20164"},"modified":"2022-06-17T14:42:44","modified_gmt":"2022-06-17T14:42:44","slug":"gainbitcoin-scam-may-be-indias-biggest-crypto-ponzi-scheme-doge-investor-files-case-against-elon","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=20164","title":{"rendered":"GainBitcoin Scam May be India\u2019s Biggest Crypto Ponzi Scheme; DOGE Investor Files Case Against Elon"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"articleBody\">\n<p>The GainBitcoin scam that hit the headlines few years back\u00a0has turned out to be bigger than previously thought. According to new reports by various media sources, the <a target=\"_blank\" href=\"https:\/\/www.outlookindia.com\/website\/story\/india-news-buy-15-bitcoins-get-27-in-18-months-more-victims-pop-up-in-rs-2000-crore-scam\/390721\" rel=\"noopener\"><strong>GainBitcoin<\/strong><\/a> scam duped more than 1 lakh people in various states like Maharashtra and Punjab. It is now estimated that this Bitcoin ponzi scam has gathered Rs 1 trillion in Bitcoin assets but since the price of Bitcoin has now crashed, the actual figure might have been more.<\/p>\n<p>In other news, Keith Johnson has filed a $258 billion class action suit in New York against Elon Musk. Keith is alleging that Elon Musk defrauded investors of Dogecoin and he believes it is nothing but a \u201cDogecoin Crypto Pyramid Scheme,\u201d as per various media sources.<br \/>&#013;<br \/>\n\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-theme=\"dark\"><p>&#013;<\/p>\n<p dir=\"ltr\" lang=\"en\">GainBitcoin scam: Supreme Court asks accused Ajay Bhardwaj to disclose username, password of cryptowallet to ED<\/p>\n<p>report by <a target=\"_blank\" href=\"https:\/\/twitter.com\/DebayonRoy?ref_src=twsrc%5Etfw\" rel=\"noopener\">@DebayonRoy<\/a> <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#Bitcoin<\/a> <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/SupremeCourt?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#SupremeCourt<\/a> <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#cryptocurrency<\/a> <a target=\"_blank\" href=\"https:\/\/t.co\/iuJdwHs9Gl\" rel=\"noopener\">https:\/\/t.co\/iuJdwHs9Gl<\/a><\/p>\n<p>&#013;<br \/>\n\u2014 Bar &amp; Bench (@barandbench) <a target=\"_blank\" href=\"https:\/\/twitter.com\/barandbench\/status\/1508329627537739782?ref_src=twsrc%5Etfw\" rel=\"noopener\">March 28, 2022<\/a><\/p><\/blockquote>\n<h2>&#013;<br \/>\n<strong>Cryptocurrency Prices<\/strong><\/h2>\n<p>The global crypto market capitalisation went down by 7.07 per cent to 893.91 billion as of 8.50 am. The global crypto volume was down by 40.45 per cent to $75.92 billion, as per Coinmarketcap data.<\/p>\n<p>Bitcoin (BTC), the world\u2019s oldest cryptocurrency, was trading at $20,648.01, lower by 8.36 per cent in the last 24 hours. Ethereum (ETH) was down by 10.67 per cent to $1,089.80.\u00a0<\/p>\n<p>&#8220;Investors have fresh worries about rising prices, global tumult and a looming recession. The market leaders and other major altcoins continue to be in shades of red,&#8221;\u00a0says Gaurav Dahake, CEO and founder, Bitbns.<\/p>\n<p>Among other significant coins, Cardano (ADA) was down by 7.09 per cent at $0.4889, Algorand (ALGO) was trading with a loss of 8.09 per cent at $0.3063, Solana (SOL) was trading with a loss of 11.09 per cent at $30.52, Polkadot (DOT) was down by 13.2 per cent at $7.23, and Binance Coin (BNB) was down by 7.43 per cent at $214.53.<\/p>\n<p>&#013;<br \/>\nToday\u2019s top gainer was ELEF WORLD (ELEF), which was up by 846.89 per cent at $0.00008969. The top loser was Reflecto (REFLECTO), which was down by 91.66 per cent at $0.0000000001361.\u00a0<\/p>\n<h2>&#013;<br \/>\n<strong>Meme Coin And DeFi Prices<\/strong><\/h2>\n<p>Dogecoin (DOGE) was down by 7.16 per cent at $0.05629. Its volume to market cap ratio stands at 0.09307. Rival Shiba Inu (SHIB) was down by 5.06 per cent at $0.000008165.<\/p>\n<p>&#013;<br \/>\nDogelon Mars (ELON) lost 8.93 per cent to trade at $0.0000002715, Floki Inu (FLOKI) was down by 8.69 per cent at $0.000005904, and Samoyed Coin (SAMO) fell 6.79 per cent at $0.003994.\u00a0<br \/>&#013;<br \/>\n\u00a0<\/p>\n<p>In the DeFi segment, YFI (yearn.finance) was down by 9.59 per cent at $4,759.98, and Terra Classic (LUNC) was trading with a loss of 4.66 per cent at $0.00005836. Avalanche (AVAX) was down by 10.51 per cent at $16.09, Uniswap (UNI) was trading with a loss of 9.85 per cent at $3.86, and Aave (AAVE) fell by 11.25 per cent at $57.65.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.outlookindia.com\/business\/gainbitcoin-scam-may-be-india-s-biggest-crypto-ponzi-scheme-dogecoin-investor-files-case-against-elon-musk-news-202894\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GainBitcoin scam that hit the headlines few years back\u00a0has turned out to be bigger than previously thought. According to new reports by various media sources, the GainBitcoin scam duped more than 1 lakh people in various states like Maharashtra and Punjab. It is now estimated that this Bitcoin ponzi scam has gathered Rs 1 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[1887,1541,62,291,589,3293,9079,1244,1375,5887,1301,556],"class_list":["post-20164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-biggest","tag-case","tag-crypto","tag-doge","tag-elon","tag-files","tag-gainbitcoin","tag-indias","tag-investor","tag-ponzi","tag-scam","tag-scheme"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/06\/IMAGE_1655437685.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20164"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20164\/revisions"}],"predecessor-version":[{"id":20166,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20164\/revisions\/20166"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/20165"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20164"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}