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Amit Bhardwaj, who was a GainBitcoin scammer, is said to have died of a heart attack.

I’m not a hundred percent sure.

So far, only Inc42 has said that Bhardwaj (right) has died.

People close to Amit Bhardwaj told Inc42 that he died of a heart attack today. Bhardwaj was accused of running one of the biggest crypto Ponzi schemes in the world.

There must be an official source, right?

Bhardwaj was found to have Covid earlier this month, so he was taken to Fortis Hospital, Vasant Kunj.

One of his close friends said that he had gotten over Covid, though.

Again, why do we depend on others?

A fake heart attack in 2018 is used to cast doubt on Bhardwaj’s death.

Bhardwaj had used an African diplomatic passport to get out of India.

So, Bhardwaj ran away to Dubai, which is the world’s center for MLM scams.

As Indian police closed in, Bhardwaj pretended to have a heart attack. This gave him a way out of Dubai and into Thailand on March 30.

The Indian police were then able to catch Bhardwaj in Bangkok by working with their Thai counterparts.

You can see that Bhardwaj has already used this card. So, I’m not going to believe “people close to Bhardwaj” until the police or the hospital confirm that he had a heart attack.

GainBitcoin was a multi-level marketing (MLM) crypto-Ponzi scheme that promised 10% a month from fake bitcoin mining.

The plan was started in 2017, but it failed by the end of the year. In early 2018, it was brought back to life by GB21.

After being caught in Thailand in 2018, Bhardwaj was sent back to India.

In April 2019, he was given bail because of health problems with his kidneys.

Total Bitcoin losses are estimated to be $2.7 billion, up from $523 million at the end of 2018.

So far, the Indian government has only been able to get back a few million.

I have been keeping an eye on the case, but other than the occasional procedural step, not much has happened in the past three years.

Until it’s confirmed that Bhardwaj died of a heart attack, stay tuned…

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