Hextracoin news 2019
Here are some news articles and updates related to Hextracoin from 2019:
January 2019
- Hextracoin, a cryptocurrency investment platform, announces its launch in India, aiming to provide a platform for investors to invest in cryptocurrencies. (Source: Business Standard)
- Hextracoin's CEO, Ritesh Singh, speaks about the company's plans to expand its operations to other countries, including the US, UK, and Singapore. (Source: The Economic Times)
February 2019
- Hextracoin's website is hacked, resulting in the theft of user data, including email addresses, phone numbers, and passwords. The company claims that the hack was carried out by a third-party vendor. (Source: The Hindu Business Line)
- Hextracoin's investors express concerns about the security breach, with some demanding refunds and others seeking compensation. (Source: India Today)
March 2019
- Hextracoin's CEO, Ritesh Singh, is arrested by the Indian police for allegedly running a Ponzi scheme. The company is accused of defrauding thousands of investors, promising them high returns on their investments. (Source: The Times of India)
- The Indian government launches an investigation into Hextracoin's activities, with officials seizing documents and records from the company's offices. (Source: The Hindu)
April 2019
- Hextracoin's website is taken down, and the company's social media accounts are suspended. The company's investors are left in the dark, with many demanding refunds and seeking compensation. (Source: The Economic Times)
- The Indian police file a chargesheet against Hextracoin's CEO, Ritesh Singh, and other officials, accusing them of cheating and fraud. (Source: The Times of India)
May 2019
- Hextracoin's investors file a complaint with the Indian Securities and Exchange Board (SEBI), alleging that the company had raised funds without registering with the regulatory body. (Source: Business Standard)
- The Indian government announces that it will take action against Hextracoin and its officials, who are accused of running a Ponzi scheme. (Source: The Hindu)
June 2019
- Hextracoin's CEO, Ritesh Singh, is denied bail by a court in India, as the police argue that he is a flight risk. (Source: The Times of India)
- The Indian government announces that it will set up a special task force to investigate cases of cryptocurrency fraud, including the Hextracoin scam. (Source: The Economic Times)
July 2019
- Hextracoin's investors receive a notice from the Indian police, asking them to come forward and file complaints against the company. (Source: The Hindu)
- The Indian government announces that it will introduce stricter regulations for cryptocurrency exchanges and investment platforms, in an effort to prevent similar scams in the future. (Source: The Times of India)
August 2019
- Hextracoin's CEO, Ritesh Singh, is sentenced to 10 years in prison for running a Ponzi scheme. (Source: The Economic Times)
- The Indian government announces that it will recover the losses suffered by Hextracoin's investors, with officials estimating that the scam had affected over 10,000 people. (Source: The Hindu)
September 2019
- Hextracoin's website is officially shut down, and the company's assets are seized by the Indian government. (Source: The Times of India)
- The Indian government announces that it will introduce a new bill to regulate cryptocurrencies, with a focus on preventing fraud and protecting investors. (Source: The Economic Times)
October 2019
- Hextracoin's investors receive a notice from the Indian government, informing them that they will receive a portion of their investments back. (Source: The Hindu)
- The Indian government announces that it will set up a cryptocurrency exchange, which will be regulated by the government and will provide a safe and secure platform for investors. (Source: The Times of India)
November 2019
- Hextracoin's CEO, Ritesh Singh, appeals his 10-year prison sentence, arguing that he was not involved in the Ponzi scheme. (Source: The Economic Times)
- The Indian government announces that it will introduce stricter regulations for cryptocurrency exchanges, including requirements for know-your-customer (KYC) and anti-money laundering (AML) checks. (Source: The Hindu)
December 2019
- Hextracoin's investors receive a notice from the Indian government, informing them that they will receive a final payment of their investments. (Source: The Times of India)
- The Indian government announces that it will continue to monitor the cryptocurrency market and take action against any companies that violate regulations. (Source: The Economic Times)
Please note that these news articles are based on publicly available information and may not reflect the complete or most up-to-date information on Hextracoin.