💀 ED RAIDS MUMBAI & THANE — MTC CRYPTO FRAUD CASE.
Not a small scam.
A ₹113 crore one.
According to ED's press release, Amit Lakhanpal and accomplices:
• Created fake crypto "Money Trade Coin"
• Posed as a Finance Ministry official
• Promised govt recognition to lure investors
Read that middle part again.
Fake Finance Ministry official.
If true, this isn't just a crypto scam anymore.
It's a trust-in-institutions story.
Lakhanpal fled to Dubai on an Antigua passport, under a fake identity.
ED has seized ₹1 crore so far.
Investors are still counting their losses.
2August 22, 2026 755 1
