Reliance Jio rebuts JioCoin reports, clarifies it has not launched any app

The Mukesh Ambani company said any such apps using the JioCoin name were fake and people were advised to refrain from dealing with any of them

Telecom services company Reliance Jio Infocomm, part of the Mukesh Ambani-controlled Reliance Industries, on Thursday clarified that the company had not launched any app for soliciting investments in the so-called JioCoin cryptocurrency.

“Reliance Jio has come across reports in media and other websites about the existence of purported JioCoin apps on the internet that are soliciting investments in cryptocurrencies from people,” the company said in a media release.

Advising people not to be fooled by such apps, Reliance Jio said: “Reliance Jio would like to inform the public and media that there are no such apps offered by the company or its