Enforcement Directorate Probes Multi-Crore Money Trade Coin Cryptocurrency Fraud
The Enforcement Directorate (ED) conducted searches in Mumbai and Thane as part of a money laundering probe into the alleged Money Trade Coin (MTC) cryptocurrency fraud, which reportedly cheated investors of over Rs 113 crore. The investigation follows a 2018 Thane Police case against accused Amit Lakhanpal and others, who allegedly promoted MTC with false promises of high returns and government recognition. The probe uncovered multiple schemes and platforms linked to the fraud, with seizures including cash and digital evidence.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (43/100). Lens Score 63/100.
Outlets measured: indiatoday, freepressjournal. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (38–48/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
freepressjournal broke this story on 20 Aug, 04:27 pm. Other outlets followed.