Unocoin’s Bitcoin [BTC] ATM in India seized; company founder arrested for setting up ‘illegal’ kiosk
The recent hype following the release of India’s first Bitcoin ATM Kiosk has taken a step back after Central Crime Branch sleuths seized the cryptocurrency Automated Teller Machine [ATM], two laptops, a mobile phone, five debit cards, three credit cards, a passport and five seals of the Unocoin company.
Harish BV, the co-founder of Unocoin, was also arrested for running the Bitcoin ATM kiosk. The authorities reported that the ATM was illegal and had been set up by Harish without taking prior permission from the proper authorities.
https://ambcrypto.com/unocoins-bitcoin-btc-atm-in-india-seized-company-founder-arrested-for-setting-up-illegal-kiosk/
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