Allahabad HC Rejects Plea to Quash FIR Against ‘Zoom Baba’ in Ruby Coin Fraud

Mahendra Pratap Srivastava Vs State of U.P. (Allahabad High Court) The Allahabad High Court has rejected a petition filed by Mahendra Pratap Srivastava, also known as ‘Zoom Baba,’ seeking to quash a First Information Report (FIR) registered against him in connection with the Ruby Coin cryptocurrency fraud. The FIR alleges Srivastava’s involvement in cheating and inducing investors to invest in the fraudulent scheme. Srivastava, who was engaged as a trainer to educate members of the Ruby Coin Community about blockchain and cryptocurrency, argued that he was not involved in any...