Latest MCAP News & Updates

New Delhi, March 17 (IANS) A Delhi court on Tuesday sent Ayush Varshney, co-founder and Chief Technology Officer of Darwin Labs Private Limited, to judicial custody till March 30 in connection with the alleged multi-thousand-crore GainBitcoin cryptocurrency fraud case. Varshney was produced before the Rouse Avenue Court following his arrest by the Central Bureau of Investigation (CBI), which is probing the alleged scam estimated to be worth around Rs 20,000 crore.The investigation concerns an al…

New Delhi, March 11 (IANS) The Central Bureau of Investigation (CBI) has arrested Ayush Varshney, co-founder and Chief Technology Officer of Darwin Labs Private Limited, in connection with the multi-thousand crore GainBitcoin cryptocurrency fraud case.The case pertains to an alleged Ponzi scheme floated by Variabletech Pte. Ltd., in which investors were lured with promises of exceptionally high returns from cryptocurrency investments. The funds collected from investors were allegedly misappropri…