The Himachal Pradesh High Court has rejected bail for Abhishek Sharma, a key figure in a fraudulent cryptocurrency scheme involving ₹2,000 crore, which deceived over 80,000 investors, including many police officers.
Justice Sushil Kukreja stressed the gravity of economic offenses and their societal effects. Investigations show Sharma’s links to the main fugitive accused, Subhash Sharma, underlining the elaborate nature of the fraud.
The scam promised investors a chance to double their money through cryptocurrency plans. Authorities uncovered multiple shell companies involved, leading to a critical examination of financial malpractice in the crypto sector.
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