The Enforcement Directorate has achieved a major breakthrough in the OctaFX Ponzi sacm case, with the arrest of the Spanish 'mastermind' of the same, Pavel Prozorov, in his own country.

On Friday, a provisional order was issued under the Prevention of Money Laundering Act ( PMLA ) to attach cryptocurrencies worth ₹ 2385 in the connection with the case.

"OctaFX presented itself as an online forex trading platform for currency, commodities and crypto trading without RBI permission...The initial investors received small profits to build trust, as is generally seen in a typical Ponzi scheme," the ED said, as per PTI . Also Read | SC takes suo motu notice of digital arrest scams, directs Haryana, CBI to report

The probe carried out by ED has revealed that the company had a "dist

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