I am deeply concerned about what's going on in India. The current government is a backward thinking government who are more interested in building temples and creating religious collisions within the country. They are also trying to include their own people as the head of every institution. New Governor is just another example of that initiative. BJP is trying to get hold of the cash reserve of the country to control their own agenda.

I don't see any hope for cryptos in India until the current government stays in Power. They are trying to establish a cottage industry based on cow dung and cow pee. It seems like we are travelling back in time instead of moving forward while the brightest minds are opting to stay abroad.

We really don't know what's going to be the case of Libra as it is not a traditional cryptocurrency. Libra will be strictly centralized and its value will be capped based on the value of its underlying assets. So reversal of transactions may be possible. Also facebook will have to comply with thousands to regulatory compliance before they can actually roll out the coin to the market. So again reversal can be a possibility in case of a fraud and theft. In traditional blockchain, we can't do that but not sure about Libra on how they are going to handle such delicate situations. 

Wow this article is really great and made me understand a lot, there are so many exchanges that I have never even heard about that existed, like that of Japan, this is the first time that I would be hearing of such exchange and also arrest of some of the suspects, so it is not as if the government is not doing anything about the stolen funds as we think, they are actually still regulating the industry too in their own little way.

All we just need is full regulation, so that the rate of the arrest can increase, at least with this, the cryptocurrency market will gradual get cleaned of scammers and will be safe place for investors again. Those fund that has been recorded, have they been recovered, and if yes, will they be returning it back to investors or that is going into government purse because if it does, it still would not change anything then.