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Portland man says cryptocurrency scam destroyed his lifeThe largest high-yield investment scam involving cryptocurrency was the bankruptcy and collapse of FTX, a Bahamas-based cryptocurrency exchange. Before. I invested a little in it and after a while when I was sure it was all real I kept on increasing my investment, I made a heavy profit when. The Nagpur Police arrested 11 people in connection with a crypto scam that allegedly duped would-be investors out of $ Mn (INR 40 Cr).