An Indian business tycoon convicted over his role in a Dh150 million ($40.8 million) Bitcoin money-laundering scheme will spend five years in prison after failing in a final bid to overturn the verdict.
Balvinder Singh Sahni, who also goes by the name Abu Sabah and claimed to be a billionaire, was initially sentenced by a Dubai court in May, after being found guilty of a string of financial crimes as founder and chairman of the Raj Sahni Group.
In August, Dubai's Court of Appeal ruled that
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