Indian Police Seize Ethereum Miners in Alleged $15 Million MLM Scheme

Indian police have raided an Ethereum mining installation with its operators allegedly running MLM schemes that raked in nearly INR 100 crores ($15 million) from investors. The Cyber Cell unit of Delhi’s police department has reportedly raided a 4,000 square-foot complex used to mine Ethereum’s token cryptocurrency ‘ether’ after its operators were arrested on accusations

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