$SCRT
Sudden SpikeSnapshot Window: 2026-08-21 11:50 UTC ยท โ Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
BREAKING: ED raids multiple locations in Mumbai and Thane in MTC crypto fraud, seizes โน1 crore in cash.
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AI visual note: A Directorate of Enforcement (ED) press release dated 20/08/2026 announces that search operations were conducted in Mumbai and Thane on 12.08.2026 under the Prevention of Money Laundering Act, 2002, targeting Amit Madanlal Lakhanpal, Taha Hafiz Qazi, Sachin Vasant Shelar, Komal Bhimrao Shirshath, and others in connection with the MTC cryptocurrency fraud that allegedly cheated investors of approximately Rs. 113.10 Crore between August 2017 and April 2018. The raids led to the seizure of approximately Rs. 1 crore, incriminating documents, and digital devices, supporting the post's headline about ED raids in the MTC crypto fraud.