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Indian Authorities Accidentally Discover That Most of Their Friends Are Also Scammers and Now They’re All in Trouble

An illustration: A group of people are shown with shocked expressions on their faces as they look through a pile of seized assets, including bags of money, gold bars, and laptops, while in the background an image of a cryptocurrency logo appears to be melting away. One person holds up a phone displaying a "404" error message. The scene is set against a dark blue background with faint lines suggesting a computer screen or a digital interface. A few people are shown trying to hide behind others as if they're guilty, while one figure in the back looks like it's about to be caught by authorities.

Indian authority busts cryptocurrency fraud ring targeting foreign national India’s Enforcement Directorate cracks down on a crypto scam involving unauthorized remote access, seizing digital evidence, freezing funds, and confiscating assets

Source: bitcoin.com

India’s Enforcement Directorate (ED) has cracked down on a cryptocurrency fraud ring targeting a foreign national. The accused persuaded the victim to transfer $400,000 to a cryptocurrency account set up using unauthorized remote access. The ED seized digital evidence, froze fixed deposits, and confiscated jewelry connected to the case. The investigation is still ongoing. The Enforcement Directorate (ED) of India announced on Friday that it conducted search operations against Prafful […]

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