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An Elusive Indian Suspect at the Center of Indiana’s Crypto Fraud
14.11.2024
Authorities in Grant County, Indiana, have recovered $36,000 in a cryptocurrency scam involving Prateek Jain, a 33-year-old man from Kolkata, India. Jain faces charges of felony fraud and money laundering after allegedly convincing a Marion, Indiana resident to deposit funds into a bitcoin ATM...
Fake Coinbase Sites Steal $20M — How Indian Man Led the Massive Crypto Fraud
19.10.2024
A cryptocurrency scam targeting Coinbase users has resulted in a significant theft of over $20 million. An Indian national, Chirag Tomar, was sentenced for orchestrating this scheme, where fake websites mimicking Coinbase led to victims surrendering credentials. U.S. authorities revealed...
When And Where To Watch New York Comic Con 2024 Panels
17.10.2024
New York Comic Con has become a central hub for the entertainment industry. Every year some of the biggest names in movies, TV, games, and comics gather in the Big Apple to talk about their upcoming projects. While we’ll no doubt be covering some of the news coming out of the convention here...
Indian Police Crush ‘Goldcoat Solar’ Fraud — Binance Aids in Crypto Seizure
16.10.2024
Indian police, with support from crypto exchange Binance, have dismantled a fraudulent scheme run by M/s Goldcoat Solar, which posed as part of a national solar energy initiative. The criminals lured investors by impersonating officials and promising high returns. Multiple arrests were made,...
AI risks financial stability, warns Indian central bank governor
14.10.2024
India’s central bank governor has warned of financial risks linked to AI dominance in finance, echoing concerns from global financial authorities
Indian Government Agencies Probe WazirX Hack as Exchange Seeks Recovery Path
7.10.2024
In the wake of a massive $235 million hack, government agencies have launched a thorough investigation into the…
Wazirx Granted 4-Month Moratorium, Will Make Wallet Addresses Public
26.9.2024
Indian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s conditions, it will “make wallet addresses...
Binance Assists Indian ED in Cracking down on $47.6 Million Fiewin Scam
25.9.2024
Leading crypto exchange Binance and the Enforcement Directorate (ED) of India have jointly cracked down on a $47.6…
Indian Supreme Court recovers YouTube account from XRP scammers
21.9.2024
XRP scammers hacked the Supreme Court of India’s YouTube account, and although it was recovered, it lost its subscriber base
Indian crypto exchange WazirX struggles to recover funds 60 days after hack
19.9.2024
WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs.
Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes
15.9.2024
An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case where an account was frozen due to a cryptocurrency investigation. The court stressed that freezing...
Indian Police Investigate Cryptocurrency Fraud Targeting Ex-Servicemen
12.9.2024
Three former servicemen in India have lodged a complaint with the Chandannagar police, Pune, accusing eight officials from a trading firm of defrauding them of over Rs. 79.81 lakh (approximately $96,000) through a cryptocurrency scam since 2022. The ex-servicemen had invested their retirement...
Indian Court Orders Scam Websites Using Crypto Exchange Mudrex's Name to Be Taken Down
29.8.2024
Indian cryptocurrency exchange Mudrex won a court order telling the country's Ministry of Communication to take down as many as 38 websites that were exploiting the company's name to carry out scams
Wazirx Begins INR Withdrawal Phase 1: Users Can Withdraw Up to 33%
26.8.2024
Indian crypto exchange Wazirx has initiated the first phase of INR withdrawals, permitting eligible users to withdraw up to 33% of their INR balances. Co-founder Nischal Shetty noted that the timeline for the second phase remains uncertain due to several internal factors that need to be addressed....
WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26
23.8.2024
Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted after last month's $230 million dollar hack
Man allegedly tries to ‘recover’ losses from BitConnect, kidnapping two
19.8.2024
Indian authorities have arrested a man for allegedly kidnapping two employees of BitConnect creator Satish Kumbhani and extorting $125 million in crypto
Indian Authority Arrests Man in Crypto Extortion Case
18.8.2024
A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144 million), according to the Enforcement Directorate (ED). Bhatt...
WazirX restores balances post-hack, withdrawal timeline unclear
17.8.2024
The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges
WazirX restores balances post-hack, withdrawal timeline unclear
17.8.2024
The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges
Binance Goes Live in India: Full Access for Indian Users
17.8.2024
Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have...