Bengaluru: Crypto trader loses over ₹46 lakh to scamsters

The victim Manu Rashid was approached by the accused through Binance, said to be one of the largest cryptocurrency exchanges.

The victim Manu Rashid was approached by the accused through Binance, said to be one of the largest cryptocurrency exchanges.
| Photo Credit: File photo

A 24-year-old cryptocurrency trader lost tether coins worth ₹46 lakh after he was cheated by three persons claiming to be buyers of crypto coins in exchange for Indian currency. A FIR has been registered at the CEN police station. 

The victim identified as Manu Rashid was approached by accused Shafi China, Shahabaz M.P.C., and Fazil through Binance, said to be one of the largest cryptocurrency exchanges. Manu invited them for prospect trading discussion. Manu runs a trading company…

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