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TLDR: Crypto scam busted in Kerala, bankers flag Future Retail to NCLT, Mahindra makes NFT debut, and more

Investors robbed of ₹1,200 crores in crypto-Ponzi scam The Enforcement Directorate has detained a suspect in a money-laundering case that involves a Kerala-based businessman accused of defrauding over 900 investors out of Rs 1,200 crores in exchange for cryptocurrency, NDTV reported. Morris Coin stockist Abdul Gafoor was arrested on March 24, according to the report. Future Retail may have to face NCLT over the restoration of dues Bank of India Lenders decided to refer Future Retail Ltd (FRL) to the National Company Law Tribunal (NCLT) for insolvency proceedings over the restoration of dues, a move that would further stymy the sale of its assets to Reliance, according to the Deccan Herald. Mahindra Thar NFTs unveiled Mahindra & Mahindra Ltd. have announced a series of NFTs to be auctioned off in Tech Mahindra's NFT marketplace, dubbed 'Mahindra Gallery', according to an Economic Times report. It is the first Indian automotive OEM to do so, the report revealed. GOQii gets $10 million to debut health metaverse Animoca Brands has invested $10 million in health tech startup GOQii as part of an expanded Series C Equity transaction. GOQii will work with Animoca Brands to provide a variety of preventative healthcare services that use blockchain tokens and gamification, an Inc42 report revealed. The Token, a one-of-a-kind virtual token programme, will fuel GOQii's metaverse ecosystem. The virtual token will be given to customers to encourage good habits and gamified exercise activities, the report added. US mobile users get spam SMS from their own numbers Thousands of US mobile subscribers…

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