The Criminal Investigation Department (CID) has sought an order from the Colombo Magistrate’s Court to transfer cryptocurrency worth over Rs. 7 million, seized from six personal digital wallets linked to the sixth suspect of the illegal pyramid scheme Onmax DT, to the government.
Appearing before Colombo Chief Magistrate Asanga S. Bodaragama, the CID informed the court that its Emergency Response Unit had confiscated the funds, which are believed to belong to investors defrauded through the Onmax DT scheme.
The CID’s Emergency Response Unit further requested the court to direct the Secretary to the Treasury to take custody of the seized cryptocurrency on behalf of the government.
