2 IITian startup founders arrested in ₹2,000-crore Bitcoin scam

IIT Delhi alumnus Nikunj Jain and IIT Kanpur alumnus Sahil Baghla, who co-founded Gurugram-based Darwin Labs, have been arrested for having links with a ₹2,000-crore Bitcoin scam. The scam was masterminded by GainBitcoin Founder Amit Bhardwaj, who was recently arrested in Bangkok. The duo was allegedly a part of the conspiracy and built a payment gateway used by Bhardwaj.