Indian Authorities Seize Loot From Collapsed BitConnect Crypto Scam

In a significant crackdown on one of India’s largest cryptocurrency frauds, the Enforcement Directorate (ED) has seized digital assets valued at ₹1,646 crore linked to the now-defunct BitConnect lending program. The operation, conducted under the Prevention of Money Laundering Act (PMLA), marks a significant milestone in India’s efforts to combat financial crimes in the decentralized finance […]

The post Indian Authorities Seize Loot From Collapsed BitConnect Crypto Scam appeared first on Cyber Security News.

This article has been indexed from Cyber Security News

Read the original article: