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India’s bitcoin ATM dreams crash; Unocoin founder arrested a week after setting up kiosk

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A week after crypto-trading startup Unocoin launched its first physical kiosk, the Cyber Crime Police arrested the company’s Co-founder Harish BV, and registered a case against the company.

The police said the set up was illegal as it did not have any approvals according to news reports. Reports also said officials seized a teller machine, two laptops, a mobile phone, three credit cards, five debit cards, a passport, five seals of Unocoin, a crypto exchange device and Rs........

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