{"id":186524,"date":"2018-10-25T00:00:20","date_gmt":"2018-10-25T04:00:20","guid":{"rendered":"https:\/\/insidebitcoins.com\/news\/indias-first-cryptocurrency-atm-confiscated-by-the-police-unocoin-co-founder-in-custody\/186524"},"modified":"2021-07-27T19:07:18","modified_gmt":"2021-07-27T23:07:18","slug":"indias-first-cryptocurrency-atm-confiscated-by-the-police-unocoin-co-founder-in-custody","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/indias-first-cryptocurrency-atm-confiscated-by-the-police-unocoin-co-founder-in-custody","title":{"rendered":"India\u2019s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody\u00a0"},"content":{"rendered":"<div><img decoding=\"async\" class=\"attachment-medium size-medium wp-post-image\" src=\"https:\/\/btcmanager.com\/wp-content\/uploads\/2018\/07\/BitcoinAtmsTheUpgradeVersionToCryptocurrencyBusinessTransaction-nj5zx836waj3h85x5tpygiwq21xvp49gqapjxw8qp6-350x209.jpg\" alt=\"Bitcoin ATMs Becoming Increasingly Commonplace in U.S. State of Michigan\" width=\"350\" height=\"209\" \/><\/div>\n<p>The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies on the grounds of it being \u201cillegal\u201d as it was set up without any government approvals, The Times of India reports October 24, 2018. Unocoin Co-Founder in Custody Harish BV, the co-founder of Unocoin Technologies, was arrested by the cyber crime police on October 23,&#8230;<a href=\"https:\/\/btcmanager.com\/indias-first-cryptocurrency-atm-confiscated-by-the-police-unocoin-co-founder-in-custody\/\">Read More<\/a>. The post by Aisshwarya Tiwari appeared first on <a href=\"https:\/\/btcmanager.com\/\">BTCManager<\/a>, Bitcoin, Blockchain &amp; Cryptocurrency News<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies on the grounds of it being \u201cillegal\u201d as it was <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/indias-first-cryptocurrency-atm-confiscated-by-the-police-unocoin-co-founder-in-custody\" title=\"India\u2019s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody\u00a0\">[&#8230;]<\/a><\/div>","protected":false},"author":1276,"featured_media":186526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.8 (Yoast SEO v21.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India\u2019s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody\u00a0 - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies because it is \u201cillegal.\u201d\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/186524\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India\u2019s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody\u00a0\" \/>\n<meta property=\"og:description\" content=\"The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies because it is \u201cillegal.\u201d\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-25T04:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-27T23:07:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/10\/cropped-btcmanagerlogo-800x800-32x32-229.png\" \/>\n\t<meta property=\"og:image:width\" content=\"32\" \/>\n\t<meta property=\"og:image:height\" content=\"32\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Aisshwarya Tiwari\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aisshwarya Tiwari\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/186524#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/186524\"},\"author\":{\"name\":\"Aisshwarya Tiwari\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/5cc9816356ec0b1c66b4f96813aca5e2\"},\"headline\":\"India\u2019s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody\u00a0\",\"datePublished\":\"2018-10-25T04:00:20+00:00\",\"dateModified\":\"2021-07-27T23:07:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/186524\"},\"wordCount\":86,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2018\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/186524#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/186524\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/186524\",\"name\":\"India\u2019s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody\u00a0 - 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