The Telangana Cyber Security Bureau (TGCSB) recovered 2,703 USDT worth Rs 2.38 lakh in a cryptocurrency fraud case. A Hyderabad techie was duped of Rs 87.58 lakh after being lured by a woman into investing in fake crypto schemes
According to the complainant, some scammers in the name of Lyca Coin deceived innocent people by promising profits upto Rs. 30,000 if they invested Rs 10,000 in online crypto currency investments.
They are targeting innocent investors under guise of selling crypto currencies or other products such as agro, garments, herbal and health, household items
New Delhi: The Enforcement Directorate (ED) has frozen Bitcoins worth Rs 7.12 crore and seized Rs 1.65 crore in cash as part of its probe in the E-nuggets gaming app case, officials said. The agency recently carried out search operations at two premises in Kolkata, leading to seizure of Rs 1.65 crore in cash and […]
New Delhi: Sounding a note of caution, Chief Economic Adviser V Anantha Nageswaran said on Thursday that the crypto currencies have yet to pass the test to become fiat currency and at the same time it would be difficult to regulate them. He further said that unlike fiat money, crypto currencies cannot satisfy basic requirements […]
Replying to a question in the Upper House, Thakur said regulatory bodies like RBI and Sebi do not have any legal framework to directly regulate crypto currencies