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Amit Bhardwaj is confirmed dead at the age of 38.

So now Amit Bhardwaj is dead. 2021 is such a bummer.
⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️⚱️
'The world will miss Amit💔
What did Amit Bhardwaj do?
Amit was best known as a Indian businessman and convicted fraudster.
How did Amit Bhardwaj die?
Amit Bhardwaj's death was likely due to cardiac arrest.
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Amit Bhardwaj
Born
Amit K. Bhardwaj

(1983-01-15)January 15, 1983
India
Alma materMahatma Gandhi Mission's College of Engineering and Technology
OccupationBitcoin miner, entrepreneur
Known forGB Miners
Amaze Mining and Blockchain Research Limited
Amit K. Bhardwaj (January 17, 1983 – January 15, 2022) was an Indian businessman who founded Amaze Mining and Blockchain Research Limited which ran GB Miners among other bitcoin-related businesses and projects, these have been described as various types of Ponzi schemes.
In April 2018, Gainbitcoin was found to be one of the biggest bitcoin scams. The cyber cell of Pune Police arrested Bhardwaj and his brothers along with co-founders of GB Miners - Nikunj Jain and Sahil Baghla for running a US$300 million cryptocurrency Ponzi scheme. Bhardwaj was indicted for running a pyramid scheme in relation to the MCAP token taken out by Gainbitcoin and was produced before a special court on 5 April 2018.
So far, more than eight people have been arrested and all of them were associated with Gainbitcoin and CEO Bhardwaj.
Bhardwaj died after suffering from a cardiac arrest on January 15, 2022. Before his death he was also suffering from several kidney ailments.
Contents
1 Education
2 Career
3 Gainbitcoin and GBMiners
4 See also
5 Further reading
6 References
7 External links
Education
Amit K. Bhardwaj, attended Kendriya Vidyalaya (1998–2000). He later graduated from Mahatma Gandhi Mission's College of Engineering and Technology, Nanded, Maharashtra (2000–2004) with a B. Tech in computer science and engineering.
Career
In 2016, Amit founded Amaze Mining and Blockchain Research Limited, an altcoin mining technology firm. He founded GB Miners, an Indian bitcoin mining pool in 2016, which was later revealed to be a Ponzi scam. He also founded CoinBank, a purported bitcoin wallet, in actuality a fraudulent knock-off of Coinbase.
Gainbitcoin and GBMiners
In a series of interviews Bhardwaj gave to The Caravan in 2017, he first claimed to not have any part in Gainbitcoin and that he knew of it only as a cloud-mining company, but later argued that he hid his involvement as a "PR strategy". He also misrepresented total investment in Gainbitcoin and admitted to inflating the figure on the company's website. Bhardwaj also denied any links between Gainbitcoin and GBMiners, though many of the former's investors believed the latter to be the minepool.
See also
Bitconnect, India-based bitcoin Ponzi scheme
Cryptocurrency and crime
Further reading
GainBitcoin Cryptocurrency Scam. Indian Institute of Corporate Affairs.
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