Dhavan Mavani, a web developer for the defunct cryptocurrency scheme BitConnect, was deported from Abu Dhabi to India last week to face charges in Gujarat. Indian authorities had been seeking Mavani since the scheme's collapse early last year.

The Crime Investigation Department (CID) in Gujarat filed a case against Mavani in July of the previous year. Allegations include cheating, breach of trust, and criminal conspiracy. Mavani also faces charges for multiple violations of the Indian Penal Code and the Prize Chits and Money Circulation Schemes (Banning) Act. Indian authorities, working with Interpol and a red corner notice, located Mavani in Abu Dhabi. He was apprehended by the CID in Gujarat upon his arrival. The investigation into Mavani and other BitConnect promoters continues.

Following Mavani's arrest, police located a stash of 343 bitcoin. Authorities have recovered 123 bitcoin so far, with the remaining 220 bitcoin expected to be secured shortly. At the time of BitConnect's collapse, this quantity of bitcoin held a market value of approximately $3.9 million.