One of the Indian businessmen and entrepreneurs, Amit Bhardwaj sadly passed away at the age of 38. He was the only businessman behind one of the world’s largest crypto Ponzi schemes. According to the sources, cardiac arrest was a cause of his death. The news of Amit’s passing was confirmed by her close ones to Inc42.

Amit Bhardwaj Death Reason

He was one of the Indian cryptocurrency miners who was well known for his Bitcoin mining. He was the man behind the Amaze Mining and Blockchain Research Limited which ran Gainbitcoin Miners among other bitcoin-related businesses.

Amit Bhardwaj Death Reason

Since the news of his passing went viral on the Internet, his loved ones couldn’t believe that he is no more alive. Many businessmen and popular celebrities paid tribute to Amit Bhardwaj. His death was a big loss for the world of the business community.

He was popular among growing businessmen of India but unfortunately, the world lost a talented businessman. Beginning of this month, he was also found Covid positive and later, he was hospitalized at Fortis Hospital, Vasant Kung. One of his close relatives said that he was recovered from coronavirus.

The lawyer of Amit Bhardwaj said that he was suffering from kidney ailments and need constant medical supervision. This was also a reason why the supreme court had granted him bail on April 3, 2019. Later, Supreme Court said,” Considering his health condition, we direct exemption from personal appearance in all these courts and for till the next date of hearing”.

Between 2012 and 2016, Bhardwaj was regarded as the Guru of Crypto from India. Because of Amit Bhardwaj, some of the founders of the top exchange entered the crypto market. He also published a crypto-related book.

How Did Amit Bhardwaj Die?

As per the reports, there are almost 8,000 investors who have invested their amount in GainBitcoin scam. He also founded a slew of companies like AmazeMiners, GBMiners, and CoinBank under the parent company Amaze Mining and Blockchain Research Limited, which is registered in Hong Kong.

He was born on January 17, 1983, in India and took his school education from Kendriya Vidyalaya. He was graduated from Mahatma Gandhi Mission’s College of Engineering and Technology, Nanded, Maharashtra in 2000 to 2004 with B.Tech in Computer Science and Engineering.

His sudden death was shocking news for his family and friends. Many supporters of the businessman expressed their condolence over the passing of Amit Bhardwaj. We don’t have many details about his family. He will be always remembered by his family and friends.


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