In a recent development, an individual who defrauded Rs. 1375 million through a bitcoin scam has been remanded until April 6th, 2023. According to the Daily News, the suspect was arrested by the Criminal Investigations Department (CID) for carrying out the financial scam through BINANCE social media.
The suspect was brought before Colombo Chief Magistrate Prasanna Alwis, who ordered him to be remanded. The arrest came after a female victim lodged a complaint with the CID, claiming that the suspect had joined her to increase her bitcoins but instead defrauded her.
The CID is currently conducting further investigations into the incident to identify any other victims and bring the perpetrator to justice.
