India freezes assets linked to man jailed in US over 20 million USD crypto fraud

Chirag Tomar was jailed in the U.S. For a sophisticated crypto scam involving fake Coinbase websites that deceived victims into revealing their account information. The Indian authorities seized assets worth 4.8 million USD linked to him.

The Enforcement Directorate has frozen properties and accounts while uncovering a large-scale money laundering operation. Further investigations are ongoing as authorities continue to track the financial trails.

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