Jaipur Police Arrest 2 in ₹100 Crore Crypto Investment Scam
- —Mohit Kaloya, 27, and Ghanshyam Kandela, 35, were arrested
- —Suspects ran Flinty-io and Flinty-live, promising high crypto returns
- —Investor Rishi Mehta said he lost about INR 5.55 crore
- —Police seized a Mercedes E 450 and Triumph motorcycle worth INR 1.25 crore
Why it matters: The case erodes confidence in Indian crypto investment schemes and highlights expanding digital-asset enforcement by authorities.
Source: The Crypto Times