New Delhi, Sep 26 (PTI) The ED on Friday said it has arrested a Uttar Pradesh-based agent who allegedly duped numerous investors through 'QFX', a Ponzi fraud.

A special Prevention of Money Laundering Act (PMLA) court sent Navab Hassan, who was taken into custody on Thursday, to Enforcement Directorate (ED) custody for nine days, the federal probe agency said.

Hassan was arrested for his "pivotal role" in "misleading" innocent people and "mobilising" public deposits to launder proceeds of crime through the QFX scam, also known as the YFX, BotBro, BotAlpha, Crossalpha and Minecrypto scam, the ED said in a statement.

This was the second arrest the ED made in this case over the past week. Harinder Pal Singh, a "top agent", was arrested by ED on September 17.

Singh "identified" Hasaan as th

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