September 16, 2022 2:02 PM

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ED carries out search operations at multiple locations in investigation related to app-based token

<span style="color: #222222;">Enforcement Directorate(ED) has carried out search operations at multiple locations in Delhi, Ghaziabad, Mumbai, Lucknow and  Gaya in an investigation related to an app-based token. The agency had initiated a money laundering probe on the basis of FIR filed by Cyber Crime Police Station in Kohima, Nagaland.<br />''<br />''The App-based token promised users of large gains against investment by investing in mining machines for Bitcoin and other cryptocurrencies. The modus-operandi of the fraudsters was to first lure the victims to invest in the company on the pretext of doubling their investment through the app. During the search, various incriminating documents have recovered and seized. </span><br />

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