The CBI has arrested Darwin Labs co-founder Ayush Varshney, one of the main accused in the Rs 20,000 crore Gain Bitcoin currency scam case, officials said on Wednesday.
The agency had issued a Look Out Circular against Varshney. His attempt to flee the country on Monday triggered an alert, leading to his detention at the Mumbai airport, they said. Varshney was formally arrested on Tuesday.
According to the CBI, Darwin Labs designed and developed the digital infrastructure which formed the operational backbone of the alleged fraudulent enterprise Gain Bitcoin.
During the investigation, the agency detected the alleged involvement of Darwin Labs Private Limited and its co-founders — Varshney, Sahil Baghla and Nikunj Jain, the chief capital officer and founder at Vaomi AI — in the design, development and deployment of a cryptocurrency token known as MCAP and its associated ERC-20 smart contract.
In a statement, it said that Darwin Labs allegedly played a central role in building theThe CBI has arrested Darwin Labs co-founder Ayush Varshney, one of the main accused in the Rs 20,000 crore Gain Bitcoin currency scam case, officials said on Wednesday.
The agency had issued a Look Out Circular against Varshney. His attempt to flee the country on Monday triggered an alert, leading to his detention at the Mumbai airport, they said. Varshney was formally arrested on Tuesday.
According to the CBI, Darwin Labs designed and developed the digital infrastructure which formed the operational backbone of the alleged fraudulent enterprise Gain Bitcoin.
During the investigation, the agency detected the alleged involvement of Darwin Labs Private Limited and its co-founders — Varshney, Sahil Baghla and Nikunj Jain, the chief capital officer and founder at Vaomi AI — in the design, development and deployment of a cryptocurrency token known as MCAP and its associated ERC-20 smart contract.
In a statement, it said that Darwin Labs allegedly played a central role in building the Latest News [ SOBAN NEWS: International and National ]
