ED Questions Actress Tamannaah Bhatia in Case of Bitcoin Mining Scam

Cases of scams related to cryptocurrency have increased in the last few years. In one such case, the Enforcement Directorate (ED) has questioned actress Tamannaah Bhatia. This inquiry has taken place in the investigation of money laundering case related to ‘HPZ Token’ mobile app. In this, many investors were allegedly defrauded under the guise of mining Bitcoin and some other cryptocurrencies.

Sources having knowledge of this matter said that Tamanna had attended an event of HPZ Token. For this he was paid fees. Sources said that there are no serious allegations against Tamanna. ED had filed a charge sheet in March and made 299 firms accused in a money laundering case related to cyber crime. Of these, more than 70 firms were controlled by Chinese citizens. This case started with the registration of FIR by the Cyber ​​Crime Unit of Kohima Police in Nagaland. In this FIR, it was alleged that some people had defrauded many investors by promising higher returns from mining of Bitcoin and other cryptocurrencies.

ED had told that the accused had used HPZ Token mobile app to fraud investors. Apart from this, ‘fake’ directors of many shell firms were made for layering the funds acquired illegally. In another case, recently ED had caught Fiewin gaming scam of $ 4.75 crore (about Rs 400 crore). American crypto exchange Binance had claimed that its intelligence division had helped a lot in exposing this gaming scam.

Binance had said in a statement that public-private partnership in the fight against financial crimes can increase its contribution to the rapidly growing crypto segment of the country. ED had said in its investigation that Fiewin was offering online gaming and betting under the guise of a legitimate app and was allegedly cheating the users. Fiewin is promising users quick returns under the guise of mini games and encouraging them to top up their in-app balance in various ways. It does not allow users to withdraw funds if their balance is high.