Ahmedabad: After demonetization, it is said that many turned towards cryptocurrency considering it as a probable safer option. But the recent case that made everyone sit up and take notice was that of the kidnapping and extortion of Surat-based realtor who is said to have heavily invested into cryptocurrency. Even as the investigation of this case has not come to an end, another fraud case pertaining to cryptocurrency has come forth. Ahmedabad Crime Branch has received a complaint of a businessman being defrauded of 10 bitcoins valued at Rs 29 lakhs.

According to the complaint filed by Mukund Patel, a trader by profession, he had purchased 10 bitcoins from his friend Aakash Patel and has been trading in digital currency for some time. As he was now looking to sell his cryptocurrency, he realized that he will have to create a new digital wallet account for it. That’s when Mehul Purani who knew Mukund well offered to get those bitcoins sold via one of his three accounts upon being paid a commission and Mukund agreed to it too.

Mehul was then provided with Mukund’s account details to conduct the sale, but he went underground and incommunicado. Upon checking his digital wallet, Mukund realized that his 10 Bitcoins were transferred to three accounts of Mehul Purani, Bhavik Purani, and Viral Bhanushali. The Ahmedabad Crime Branch has registered a complaint in this regard and this case is now being investigated by sub-inspector R.K. Solanki of the cyber cell.