While authorities have rescued 23 victims since a bust in March 2018, the website monetized the sexual abuse of children and was one of the first to offer paedophilic videos for sale using Bitcoins.
Tether is the world’s most used stablecoin, a category of tokens that seek to avoid price fluctuations, often through pegs or reserves.
The residents also said they did not have concrete evidence to prove that they had invested in the company.
The deceased, Abdul Shakur, from Kerala, had formed a team which lured people to invest in crypto currency.
The assailants, all residents of Malappuram, were his business partners or those who had invested large amounts of money in bitcoin business.
The case involves the duo tricking an Oregon-based woman in transferring her bitcoins worth approximately USD 233,220 into their account.
The payment to watch premium porn via SpankPay would charge a 0.5 per cent transaction fee, the company said in a statement.
The panel headed by Economic Affairs Secretary S C Garg, recommended banning of private cryptocurrencies and criminalising any activities related to virtual currencies.
A cryptocurrency is a digital or virtual currency that uses cryptography for security and is generally based on Blockchain technology.
Facebook has pledged to deliver a stable virtual currency that lives on smartphones and could bring over a billion "unbanked" people -- adults without bank accounts.
In a new letter sent to Facebook executives, US lawmakers have officially asked the social networking giant to cease all development of its Libra cryptocurrency.
After Zebpay last year, another Indian cryptocurrency exchange has downed its shutters.
Nearly 31 per cent of respondents stated that they believe cryptocurrencies are quite volatile and they need to be stable before they are prepared to use them.
Khan’s third wife had given the officers a laptop, from where his investments in cryptocurrency were revealed
Facebook currently generates 99 per cent of its revenue from advertisements and its own digital currency would help it reach billions of its users across products.