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About $REI

REI NETWORK ($<nil>) is a cryptocurrency launched in 2025. $<nil> has a current supply of 1.00Bn with 0 in circulation. The last known price of $<nil> is 0.022208170487 USD and is -0.003831200946 over the last 24 hours. It is currently trading on active market(s) with $468,663.51 traded over the last 24 hours. More information can be found at .
$REI Price Statistics
$REI’s Price Today
24h Price Change
-$0.00383120094614.71%
24h Volume
$468,663.5140.40%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3467
$REI Market Cap
Market Cap
$0
Fully Diluted Market Cap
$22.21M
$REI Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
$REI Supply
Circulating Supply
0
Total Supply
1.00Bn
Max Supply
1.00Bn
Updated Feb 16, 2025 3:27 pm
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$REI
REI NETWORK
$0.022208170487
$0.003831200946(-14.71%)
Mkt Cap $0
There's nothing here for now
India Seizes $190 Million in Cryptocurrency Linked to Bitconnect Scheme
India Seizes $190 Million in Cryptocurrency Linked to Bitconnect Scheme
According to Odaily, Indian authorities have seized nearly $190 million in cryptocurrency connected to the Bitconnect Ponzi scheme, which was dismantled in 2018. The scheme resulted in losses of approximately $2.4 billion for 4,000 investors across 95 countries. Bitconnect, launched in 2016, collapsed in 2018. The founder, Satish Kumbhani, was charged by the U.S. Department of Justice in February 2022 for establishing a global network of promoters who were paid commissions to promote the scheme. In August of last year, the Indian Enforcement Directorate (ED) reported the arrest of Shailesh Babulal Bhatt from Gujarat. Bhatt was accused of kidnapping, extortion, and violating anti-money laundering laws in a major cryptocurrency-related crime exceeding $144 million. Following a complaint filed by Surat police against Bitconnect Coin promoter Satish Kumbhani, the Indian Ministry of Justice launched a money laundering investigation, leading to Bhatt's detention. It is alleged that after Kumbhani shut down the Bitconnect platform in January 2018, he deceived investors and fled. Bhatt, who had invested in Bitconnect, kidnapped two of Kumbhani's employees to recover his funds, extorting 2,091 Bitcoins, 11,000 Litecoins, and cash amounting to 145 million rupees, now valued at 12.325 billion rupees. Bhatt also distributed 2.89 billion rupees of the extorted funds among accomplices for acquiring various assets.
Feb 16, 2025 2:53 pm
Indian Authorities Seize $190 Million in Cryptocurrency Linked to Crypto Ponzi Scheme BitConnect
Indian Authorities Seize $190 Million in Cryptocurrency Linked to Crypto Ponzi Scheme BitConnect
Odaily Planet Daily News Indian authorities have seized nearly $190 million in cryptocurrencies related to Bitconnect in their ongoing investigation into a crypto Ponzi scheme that was uncovered in 2018 and caused 4,000 investors in 95 countries to lose about $2.4 billion. Bitconnect was launched in 2016 and closed in 2018. It is understood that Bitconnect founder Satish Kumbhani (charged by the US Department of Justice in February 2022) established a global network of promoters to pay them commissions to promote the Ponzi scheme. (Cointelegraph) Last August, the Indian Enforcement Directorate (ED) said that a man in Gujarat, Shailesh Babulal Bhatt, was arrested on suspicion of kidnapping and extortion and violating anti-money laundering laws. The incident involved a major cryptocurrency-related crime of more than $144 million. Bhatt was detained following a money laundering investigation launched by the Indian Ministry of Justice based on the first filing by the Surat police against Bitconnect Coin promoter Satish Kumbhani. Kumbhani allegedly defrauded investors and fled after shutting down the Bitconnect platform in January 2018. Bhatt had invested in Bitconnect and in order to recover the funds, he kidnapped two of Kumbhani’s employees and extorted 2,091 Bitcoins, 11,000 Litecoins and Rs 145 million in cash, which is now worth Rs 12.325 billion. Bhatt also distributed Rs 289 million of the extortion funds to his accomplices for the acquisition of various assets.
Feb 16, 2025 2:50 pm

Frequently Asked Questions

  • What is the all-time high price of REI NETWORK ($REI)?

    The all-time high of $ was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of REI NETWORK ($) is 0. The current price of $ is down 0% from its all-time high.

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  • How much REI NETWORK ($REI) is there in circulation?

    As of , there is currently 0 $ in circulation. $ has a maximum supply of 1.00Bn.

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  • What is the market cap of REI NETWORK ($REI)?

    The current market cap of $ is 0. It is calculated by multiplying the current supply of $ by its real-time market price of 0.022208170487.

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  • What is the all-time low price of REI NETWORK ($REI)?

    The all-time low of $ was 0 , from which the coin is now up 0%. The all-time low price of REI NETWORK ($) is 0. The current price of $ is up 0% from its all-time low.

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  • Is REI NETWORK ($REI) a good investment?

    REI NETWORK ($) has a market capitalization of $0 and is ranked #3467 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze REI NETWORK ($) price trends and patterns to find the best time to purchase $.

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