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Jul 27 2025
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Jul 27 2025
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Jul 27 2025
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Jul 27 2025
Authorities in India have retrieved approximately $190 million from a crypto scam in a real-world seizure of devices they tracked down digitally.
India’s Directorate of Enforcement tracked devices containing the wallets of the scammed crypto, and was then able to retrieve the physical devices. In addition to the crypto assets, authorities seized a black Lexus SUV and about $15,500 worth of cash.
Despite the latest recovery, it’s still only a small slice of the haul with an estimated 325,000 Bitcoin taken from investors based on false claims. That amount of Bitcoin was valued at $2.4 billion back in 2018, but is worth more than $31 billion today.
In a statement, authorities said that they “found that many transactions were carried out…
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