Indian court rejects the release request of one of the defendants in the country's largest BTC Ponzi eyewash of up to 66.06 billion rupees.

Golden Finance reported that the special PMLA court in India has rejected Hemant Bhope and his wife Lata's request for release. It is reported that the couple is accused in connection with one of India's largest BTCPonzi Scheme cases, involving a Delhi-based company called Variabletech Pvt Ltd (VTPL). The defendants conspired to lure investors to purchase BTC and encouraged others to invest in the company to commit fraud. The eyewash is said to involve an amount as high as 66.06 billion rupees.

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