How India's Crypto Covid Relief Fund is cashing out amid the country's legal roadblocks
June 16, 2021, 12:46PM EDT · 4 min read
- India’s Crypto Covid Relief Fund received over $1 billion last month from Ethereum creator Vitalik Buterin.
- While the fund’s value has dramatically fallen since then, it is still worth around $375 million.
- Here’s how the fund is cashing out since crypto remains a legal grey area in India.
Last month Vitalik Buterin donated $1 billion worth of crypto to a fund dedicated to pandemic relief in India. Now the fund has to cash out.
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