HYDERABAD: An accused from Bangalore was arrested on Saturday since he allegedly cheated a Hyderabad-based person on the pretext of selling
bitcoins
.
Police said that Manish Reddy lodged a complaint claiming that Rs 3.14 lakh was paid to the accused Akshay Gowda, a resident of Bangalore, to buy bitcoins for trading. Initially, the accused sold bitcoins on couple of occasions to the victim.
After gaining confidence, he lured the victim to buy bitcoins in large quantity and later, became inaccessible.
Stay updated with the latest news on Times of India. Don't miss yearly career horoscopes 2025 for Aries, Taurus, Gemini, Cancer, Leo, Virgo, Libra, Scorpio, Sagittarius, Capricorn, Aquarius, and Pisces.