Kolkata Police Arrest Two in ₹25 Crore Crypto Scam

Authorities in Kolkata detained two individuals accused of running a cryptocurrency investment fraud worth ₹25 crore.

Summary

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Terms & Concepts
  • Cryptocurrency Investment Scam: A fraudulent scheme where perpetrators deceive investors by promising high returns through cryptocurrency-related investments.
  • ₹25 Crore: An amount equivalent to 250 million Indian rupees, representing the total value implicated in the reported scam.