The Indian Enforcement Agency (ED) has launched an investigation into a massive cryptocurrency fraud case, freezing assets of the main culprit, Chirag Tomar, his relatives and related entities worth 428 million rupees (approximately 4.80 million US dollars). Under the Prevention of Money Laundering Act (PMLA), the operation seized 18 real estate properties and multiple bank accounts in Delhi.
Chirag Tomar is the mastermind of a phishing scam against Coinbase users that lasted from mid-2021 to the end of 2023, stealing about $20 million in cryptocurrency by counterfeiting the Coinbase website and using search engine optimization (SEO) techniques to induce users to log in.
Indian authorities freeze $4.80 million in Coinbase crypto scam
2025-08-06 07:01:03
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
印度当局冻结Coinbase用户加密诈骗案涉案480万美元资产Next article：
Matrixport：比特币价格若处于105,696美元上方，整体趋势仍偏多头
