No source of income was shown before the purchase. The source claimed that the fraudsters then extracted the money from the wallet and directly started investing in real estate properties in states such Kerala, Tamil Nadu and even Karnataka. The money was easily siphoned off from that e-wallet. The investors were offered an e-wallet to deposit the money with the classic promise of multifold return in a short period. The report cited an ED source who claimed that 10 Morris coins were priced at Rs 15,000. Also Read - Female cryptocurrency investors comprise 15% of userbase: CoinSwitch Kuber The investors were given a lock-in period of 300 days. The crypto by the name “Morris Coin” was listed in a Coimbatore-based exchange called Franc Exchange. Also Read - India gets its first crypto index, IC15: Bitcoin, Ethereum, Binance Coin take top positionsĪ report by The Indian Express has revealed that the investment in the fake cryptocurrency was done in the year 2020, after the lockdown was enforced. The investments were made to look lucrative in a way similar to initial public offering (IPO) in the stock markets. The concept of the new cryptocurrency was surfaced by a man in Kerala. If you don't think any of the above situations apply, you can use this feedback form to request a review of this block.The Enforcement Directorate has reported that around 900 people have been duped to the tune of Rs 1200 crore in an “Initial Coin Offering” (ICO) of a cryptocurrency that is non-existent. Contact your IT department and let them know that they've gotten banned, and to have them let us know when they've addressed the issue.Īre you browsing GameFAQs from an area that filters all traffic through a single proxy server (like Singapore or Malaysia), or are you on a mobile connection that seems to be randomly blocked every few pages? Then we'll definitely want to look into it - please let us know about it here. You'll need to disable that add-on in order to use GameFAQs.Īre you browsing GameFAQs from work, school, a library, or another shared IP? Unfortunately, if this school or place of business doesn't stop people from abusing our resources, we don't have any other way to put an end to it. When we get more abuse from a single IP address than we do legitimate traffic, we really have no choice but to block it. If you don't think you did anything wrong and don't understand why your IP was banned.Īre you using a proxy server or running a browser add-on for "privacy", "being anonymous", or "changing your region" or to view country-specific content, such as Tor or Zenmate? Unfortunately, so do spammers and hackers. IP bans will be reconsidered on a case-by-case basis if you were running a bot and did not understand the consequences, but typically not for spamming, hacking, or other abuse. If you are responsible for one of the above issues.
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