India Launches Nationwide Raids in Expanding Crypto Scam Probe

[AIcash]

India’s Enforcement Directorate (ED) has carried out coordinated raids across 21 locations in Karnataka, Maharashtra, and Delhi, escalating what could become one of the country’s largest crypto fraud investigations. The December 18 searches were conducted under the Prevention of Money Laundering Act and targeted premises linked to 4th Bloc Consultants and its associates. Authorities say the alleged scam operated for nearly a decade, targeting both Indian and foreign investors with promises of unusually high crypto returns.

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Maybe they will put an end to pig butchering