India Freezes $60 Million in Major Payment Gateways Linked to Cryptocurrency Scam Involving Chinese Nationals
Indian authorities froze ₹500 crore ($60 million) in payment gateways linked to a major cryptocurrency scam involving 10 Chinese nationals, who defrauded investors of over ₹2,200 crore ($264 million) through a fake mining app. The Enforcement Directorate is investigating the case, with several fugitives identified and funds intercepted before being sent overseas.
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