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According to police, the three abducted Arjun Bhargava of Indraprasth Grand near Kalindi Park in Vrindavan Yojana, on the pretext of showing him a plot in Barabanki on August 7. They held him hostage at a house where they thrashed him, trained a pistol on him, and got Rs 1.3 crore in bitcoins transferred to their account. 📰 Uttar Pradesh Shocker: 3 Kidnap Businessman on Pretext of Showing Him Plot, Take Rs 1.3 Crore Ransom in Bitcoins To Release Him; Arrested.

Get latest articles and stories on Business at LatestLY. The US Federal Reserve Board has provided additional information for banking organizations engaging or seeking to engage in crypto-asset-related activities saying banks should notify the central bank prior to engaging in such assets. Business News | US Fed Issues Guidance for Banks Considering Crypto Activities.