Indian Police having a hard time converting cryptocurrncies
Guys this is interesting and funny.
Indian police are having a hard time liquidating cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from doing business with crypto exchanges.
As we all know, RBI ban is now in effect and a growing number of crypto exchanges have already announced they will no longer allow withdrawals from cryptocurrencies into rupees.
This comes after an investigation where police seized around 240 bitcoins and 92 ethereum following a scam. The court ordered to liquidate the seized crypto-currencies and distribute to the victims of the scam.
Stay tuned for more updates.
Cheers.
-@cyberchain
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