India arrests suspect in 80,000 BTC GainBitcoin pyramid scheme

India's Central Bureau of Investigation (CBI) has arrested Ayush Varshney, co-founder and CTO of Darwin Labs, at Mumbai airport for his alleged involvement in the GainBitcoin pyramid scheme. According to The Block, Darwin Labs developed and deployed the technical infrastructure for GainBitcoin, one of India's largest crypto-related criminal enterprises. The total damages from the case are estimated to be around 80,000 BTC.