A 36-year-old Indian man Nishad, who is from the Malappuram district of the south Indian state of Kerala, has been arrested on charges of operating a cryptocurrency scam. It has been reported that Nishad has been charged under the Prize Chits and Money Circulation Schemes (Banning) Act by the district police chief U Abdul Karim. However, a team led by police inspector P Vishnu seized several documents from Nishad’s house and alleged that he has duped thousands of people from