File PhotoDHAKA, March 30, 2026 (BSS) - The Criminal Investigation Department (CID) has successfully recovered approximately Tk 44.14 crore (around US$ 3.6 million) in cryptocurrency that was smuggled abroad through the fraudulent online investment platform MTFE (Metaverse Foreign Exchange). The recovery follows an extensive investigation into the MTFE Ponzi scheme, which lured investors with promises of high returns through cryptocurrency and forex trading, said a press release of the CID. The CID investigations revealed that MTFE began operations in Bangladesh in June 2022, aggressively promoting its platform via Facebook and YouTube. Using blockchain analysis tools, CID traced approximately 3.6 million USDT (Tether) to accounts on the international cryptocurrency exchange OKX. The authorities have assured that necessary steps will be taken to return the recovered money to affected investors following court directives.

Source: Bangladesh Sangbad Sangstha March 30, 2026 13:20 UTC