CBI arrests Delhi resident for cryptocurrency fraud on a Canadian national

CBI seized Rs 1 crore from the Delhi resident during their searches

New Delhi: The CBI has arrested a Delhi resident for allegedly posing as a Canadian government official and coercing a citizen of that country into transferring assets to a cryptocurrency wallet and siphoning them off, officials said Thursday.

The CBI had seized Rs 1 crore from the premises of Sahil Pal during its searches conducted on Tuesday, they said.

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A special court has sent Pal to CBI custody till July 29, the officials said.