A Chinese national has entered a guilty plea in connection with what authorities describe as the world’s largest cryptocurrency seizure, valued at $6.7 billion (approximately Rs. 5.5 trillion). The case highlights the global challenges regulators face in tracking and securing digital assets, as well as the growing sophistication of cryptocurrency fraud. Law enforcement agencies successfully… Continue reading Chinese National Pleads Guilty in $6.7 Billion Cryptocurrency Fraud Case
Tag: Fraud
Ludhiana Businessman Arrested for Rs. 31.7 Lakh Crypto Fraud in Delhi
A Ludhiana-based businessman has been apprehended for allegedly defrauding a Delhi resident of Rs. 31.7 lakh in a cryptocurrency scam. Authorities report that the accused used fraudulent promises of high returns on digital asset investments to lure the victim. The arrest underscores ongoing concerns about crypto-related fraud in India, where unregulated digital assets have become… Continue reading Ludhiana Businessman Arrested for Rs. 31.7 Lakh Crypto Fraud in Delhi
ED Charges Raj Kundra in Bitcoin Case, 285 Bitcoins Seized Worth ₹150 Crore
The Enforcement Directorate (ED) has filed a chargesheet against businessman Raj Kundra in connection with a high-profile Bitcoin-related scam. Authorities allege that Kundra holds 285 Bitcoins valued at approximately ₹150 crore, which were acquired through illicit means. The chargesheet follows months of investigation into financial irregularities, digital asset transfers, and potential violations of Indian laws… Continue reading ED Charges Raj Kundra in Bitcoin Case, 285 Bitcoins Seized Worth ₹150 Crore
Cryptocurrency Fraud Uncovered in Jammu: Three Charged
Authorities in Jammu have exposed a major cryptocurrency fraud that has left unsuspecting investors facing significant financial losses. Three individuals have been charged in connection with the scheme, which allegedly lured participants with promises of extraordinary returns on digital asset investments. The case has reignited debate about investor awareness, regulatory oversight, and the risks posed… Continue reading Cryptocurrency Fraud Uncovered in Jammu: Three Charged
Telangana Recovers Cryptocurrency Stolen in Online Fraud from Overseas Wallet
In a significant development for digital crime enforcement, authorities in Telangana have successfully recovered cryptocurrency stolen in a large-scale online fraud from a foreign wallet. The operation highlights the increasing sophistication of cybercrime targeting digital assets and the challenges law enforcement faces in tracing decentralized, cross-border transactions. Officials emphasized that the recovery marks a major… Continue reading Telangana Recovers Cryptocurrency Stolen in Online Fraud from Overseas Wallet