Cryptokidnapping, or how to lose $3 billion of Bitcoin in India

As the price of bitcoin soared last year from less than $1,000 to more than $19,700, so did BitConnect’s value. Bhatt and other investors in Gujarat poured bitcoin worth $3.2 billion into Bitconnect.

from Hindustan Times - topnews https://ift.tt/2Mi7RZW