Bitcoin.com
2024-06-09 01:37:49

Indian Authority Busts Cryptocurrency Fraud Ring Targeting Foreign National

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. ED

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