ED attaches assets worth ₹36 crore in 'Morris Coin' crypto case

The Enforcement Directorate has attached assets of a Kerala-based businessman and his associates worth ₹36.72 crore under PMLA, 2002, in a cheating case. The accused had allegedly cheated 900 investors of ₹1,200 crore under the guise of offering 'Morris coin' cryptocurrency. The attached assets include balances in multiple bank accounts, immovable property and INR equivalent of cryptocurrencies.