India Latest News: Top National Headlines Today & Breaking News | The Hindu•Mar 11
CBI arrests Darwin Labs co-founder Ayush Varshney in ₹20,000 crore Gain Bitcoin scam case
The CBI has arrested Darwin Labs co-founder Ayush Varshney, one of the main accused in the ₹20,000 crore Gain Bitcoin currency scam case, officials said on Wednesday (March 11, 2026). Launched in 2015, the Gain Bitcoin operation was camouflaged under the facade of Variabletech Pte. "In an attempt to cover up the losses, GainBitcoin unilaterally switched payouts to their alleged in-house cryptocurrency called MCAP, which had significantly less value than Bitcoin, further misleading investors," the CBI had said in a statement after the registration of the case.
