DRI Report Flags Crypto and Stablecoins as Emerging Tools in Drug and Gold Smuggling Networks
India’s Directorate of Revenue Intelligence (DRI) has identified a significant shift in the modus operandi of organised smuggling syndicates, with...
Fraud
TerraUSD Creator Do Kwon Sentenced to 15 Years in Landmark Crypto Collapse Case
Do Kwon, the co-creator of the TerraUSD (UST) stablecoin, has been sentenced to 15 years in prison following one of...
ED Seizes ₹4,190 Crore in Crypto-Linked Investigations as Centre Intensifies Compliance Drive
India’s enforcement agencies have stepped up their scrutiny of virtual digital asset activities, culminating in the attachment of ₹4,190 crore...
Rising Online Scams Exploit Bitcoin’s Popularity, Triggering Global Security Concerns
The rapid expansion of digital finance has brought significant benefits, but it has also unleashed a new wave of online...
Property Dealer Loses Rs. 55 Lakh in Sophisticated Cryptocurrency Fraud
A property dealer’s attempt to invest in digital assets turned into a costly ordeal after he was duped of Rs....
Cryptocurrency Fraud Exposed as Vizag Police Suffer Rs. 7 Crore Loss
A major cryptocurrency fraud has come to light in Visakhapatnam after local police officers reportedly lost Rs. 7 crore in...
Mumbai Senior Duped of Rs. 87 Lakh in Elaborate Cryptocurrency Fraud
An 81-year-old resident of Mumbai has reportedly lost Rs. 87 lakh in a sophisticated cryptocurrency scam that exploited social engineering,...
British Cybercriminal Ordered to Return £4.1 Million in Bitcoin After High-Profile Twitter Hack
A 26-year-old British hacker, Joseph James O’Connor, has been ordered to pay back £4.1 million (around US$5.4 million) in Bitcoin...
Ripple Warns of Escalating XRP Fraud as Impersonation Scams Surge Globally
Ripple has issued a heightened security warning after a sharp rise in fraudulent schemes exploiting the XRP name and brand....
Navi Mumbai Businessman Loses Rs 3.5 Lakh in Elaborate Fake Crypto Scheme
A Navi Mumbai entrepreneur has reportedly been deceived of Rs 3.5 lakh after falling victim to a fraudulent cryptocurrency investment...
