It is really unfortunate to see these kind of image to the world, sure there were much bigger scams in India in the name of bitcoin and the government is not in the right direction to restrict these scams and give a general guide line and instructions to restrict these scams, a government should have the audacity to restrict these scams rather than to take actions after the scam occurred.
Buddy everyone can have their opinions but that does not make India a bad country, remember the population we have, it is more than some of the European countries put together, so we will have bad apples too, we have people in leading positions in Google, Microsoft, Adobe, Nokia, NetApp, Pepsi and other major corporate in the world, so with a big population like India, we have to expect both extremes.
