<h1>CBI Uncovers Rs 350 Crore Cryptocurrency Ponzi Scam; Seven Arrested for Defrauding Investors Across India via Social Media.</h1> The CBI has uncovered a Rs 350 crore cryptocurrency Ponzi scam involving seven individuals operating in multiple cities across India. These individuals allegedly ran fraudulent schemes, promising high returns on cryptocurrency investments to unsuspecting investors. The scam was promoted through social media, and the illicit proceeds were converted into cryptocurrencies to obscure their origin. During searches, the CBI seized significant digital evidence, including digital assets worth approximately USD 38,414. The case was registered under sections of the Indian Penal Code and the Information Technology Act, revealing transactions exceeding Rs 350 crore over two years through various fraudulent activities.