The enforcement Directorate(ED) has carried out search in Delhi, Gurgaon, Mumbai, Bengaluru and Salem in connection with the misuse of App-based token named HPZ and other similar applications by various entities. The HPZ Token used to promise users of high returns against investment in mining machines for Bitcoin and other cryptocurrencies. The instant case was recorded on the basis of FIR registered by Cyber Crime Police Station, Kohima, Nagaland against HPZ token and others.<br />''<br />''The investigation revealed that two entities namely Lillian Technocab Pvt. Ltd and Shigoo Technology Private Limited were involved in the operating and collecting money from investors in the name of HPZ token. Over 29 Crore rupees found to be lying in various bank accounts and DEMAT account was freezed under the Prevention of Money Laundering Act during the searches. With the current seizure, the total freezing in this case is now 86.5 crore rupees.<br />