crime

India’s Cybercrime Unit Launches Probe into Major Cryptocurrency Fraud Scheme

Summary

On March 12, 2026, Indian authorities announced a major investigation into a cryptocurrency fraud that reportedly defrauded investors of over ₹500 crore ($60 million). The Cyber Cr

On March 12, 2026, Indian authorities announced a major investigation into a cryptocurrency fraud that reportedly defrauded investors of over ₹500 crore ($60 million). The Cyber Crime Cell in Mumbai is leading the probe targeting a syndicate operating fake crypto exchanges. Officials seized digital assets and arrested three suspects as part of the crackdown. According to PTI, the case highlights growing concerns over unregulated digital currency platforms in India. Authorities urge investors to exercise caution and verify exchange credentials amid rising cyber fraud incidents nationwide.
3h ago
India’s Cybercrime Unit Launches Probe into Major Cryptocurrency Fraud Scheme

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