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Malaysia-Based Cryptocurrency Company Dupes 12 Delhi Businessmen

A case against a Malaysia-based cryptocurrency company has been registered after over 12 Delhi-based businessmen approached the police after having lost lakhs to the company.

DCP (Dwarka) Anto Alphonse said the company’s representatives have been booked under IPC Sections of cheating (420) and criminal breach of trust (406), and have been asked to join the investigation.

A preliminary probe confirmed that the businessmen — all from different parts of the capital — were introduced to the company through advertisements on various media portals.

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