According to India’s Enforcement Directorate, $1.3 million in assets, including cryptocurrency, were frozen in connection to a $3.2 million fraud case involving false investment promises.
India’s Enforcement Directorate has frozen $1.3 million worth of assets tied to a $3.2 million fraud case, including cryptocurrency holdings. The alleged scheme involved false promises of high returns on digital investments and other fraudulent activities. The ED’s action, confirmed by Cointelegraph, adds to previous seizures totaling ₹10.86 crore, with ₹4.79 crore worth of Ramifi crypto tokens among the frozen assets.