In September 2020, the Morris coin ICO fraud was all over the news when the Malappuram district police arrested Nirshad, who was a 36 years old man suspected to be the mastermind behind the whole operation. According to the police, Nirshad had staged the whole Morris coin crypto ICO scam where the fraud company based in Bangalore had promised its investors that they would receive a daily return of ₹270 over 300 days and in…