The Mumbai Economic Offences Wing has arrested four men for allegedly running a Rs 30-crore Ponzi and multi-level marketing scam under the banner of Origin AI. Investigators said the accused allegedly lured investors with promises of high returns

The guidance note reiterates that the primary compliance burden falls on Reporting Crypto-Asset Service Providers (RCASPs), not directly on individual investors. It further explains reporting mechanisms for entities transacting across different jurisdictions which have kicked in with the Union Budget introduced in February 2026