Resource: Cryptopotato.com
2 months ago
Date: 02 Oct 2022 - 22:25

In a twoyearold gaming app fraud case the top Indian financial crime investigating agency has frozen 85.9 bitcoins equivalent to 1.6 million held in an account on Binance. Separately it also froze WRX the native coin of WazirX and USDT together worth nearly 550000.Earlier this month the agency raided several premises in Kolkata in this case and recovered Indian currency equivalent to 2.2 million. The accused in this estimated 8.5 million scam is 25yearold Aamir Khan.ENuggets ScamENuggets which ran mainly during the Covid19 lockdown offered various games and an app wallet service for the participants to deposit their money and earn attractive incentives.8220Aamir Khan 8230 launched a mobile gaming application namely ENuggets which was designed for the purpose of defrauding the public. Further after collecting a sizable amount of money from the public all of a sudden withdrawal from the said App was stopped on one pretext or the other ED said in its statement.The investigating agency further added that the accused deleted all data and profile information from the Apps servers.Giving the details of the crypto option that the accused chose to hide away the money the probe agency said Khan opened a dummy account on WazirX purchased crypto assets and transferred them to Binance.8220The balance of said transferred cryptocurrencies i.e. 77.62710139 Bitcoins equivalent to USD 1573466 Rs 12.83 Crore approximately at Binance crypto exchange has been frozen8221 the ED said.ED InvestigationInitially Federal Bank a nationallevel commercial bank lodged a First Information Report FIR at the Park Street police station in Kolkata on February 15 2022. The bank complained about suspected money laundering activities linked to Aamir Khans gaming app. But the local police reportedly did not take an interest in the case.The Directorate of Enforcement ED began its probe on the instruction of the Union Finance Ministry which reportedly received alerts about the scam and its possible links to laundering.Aamir Khan could not be apprehended by the ED on September 10 when it conducted the searches but was finally arrested on September 25. The Kolkata Police also placed the investigating officer who was accused of slack investigation under suspension after the ED action.Amid tightening regulatory scrutiny the ED has been hot on trail of fintech companies crypto exchanges and crypto scammers over the past few months.Last month CryptoPotato reported that the agency was investigating 10 private companies for suspected laundering of over 125 million. ED has searched WazirX Vauld and CoinDCX in the last month or so.Featured Image Courtesy of StatesmanThe post Indias ED Freezes 1.6 Million in BTC of Accused in Gaming App Fraud appeared first on CryptoPotato.

Read in the source

Share this page

馃憫 Collect a daily bonus of 10 Crowns every day for free! Collect the bonus on the personal page of the Crowns
馃敆 Join our referral program and earn 小rowns together! Invite your friends to our friendly community

Crypto Overview Show morenavigate_next

USDT Market Price Change (24H) Market Cap Last 7 Days
39997.79 $ 0 % 760.32 Billion $
3001.33 $ 0 % 360.05 Billion $
1.001 $ 0 % 82.65 Billion $
398.86 $ 0 % 59.29 Billion $
1.004 $ 0 % 50.96 Billion $
101.49 $ 0 % 33.28 Billion $
0.122 $ 0 % 31.52 Billion $
0.7024 $ 0 % 30.96 Billion $
82.96 $ 0 % 29.44 Billion $
0.9455 $ 0 % 29.42 Billion $

Crypto News Show morenavigate_next

The crypto derivatives exchange told Decrypt that Hoeptner has left the company with immediate effect.

Read in the DigestAlt Season Tron TRX Spikes 10 ZRX Gains 60 STEPN Sets New ATHBinance Bends Limits Russian Services to Comply With EU Sanctions21Shares to Launch Worlds First BTC and ETH Spot ETFs Fidelity Turns to Metaverse with New ETFsOptimism to Launch a Token on Ethereum TVL Hits New AllTime HighAlt Season Tron TRX Spikes 10 ZRX Gains 60 STEPN Sets New ATHAfter two consecutive days of gains

A push toward the top of the intraday trading range places Bitcoin in line for a bull flag on daily timeframes.

As the Ukraine crisis worsens Bitcoin and other cryptocurrencies are trading lower. The crypto market went down after the news broke that Russia had expelled USA Deputy Chief of Diplomatic Mission Bart Gorman following an escalation with Ukraine President Petro Poroshenko over fears for his safety.8221 On February 17th after President Biden reiterated that an invasion by Russia is very excessive m

Senators have introduced a bill that asks the State Department to review El Salvadors Bitcoin Law and develop a plan to mitigate potential risks.

Download the Ebook Now

An increase in staked ETH lucrative yield on liquid staked ETH tokens and deflationary tokenomics are possible bullish factors for Ethers price.

Using the central banks fintech digital sandbox to trial bitcoin payment solutions OpenNode will bring BTC payments to the island kingdom for the first time.OpenNode is trialing a scalable bitcoin payments solution with the Central Bank of Bahrain. The central bank has a sandbox application where payments can be tested specifically designed for fintech solutions.OpenNode intends to showcase Bitcoi

On June 23 2022 the Harmony development team announced that 100 million was siphoned from the Horizon bridge and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygons chief information security officer Mudit Gupta the Horizon bridge attacker allegedly took control of the multisignature wallet leveraged in Harmonys b

FTX US will serve as Daves exclusive cryptocurrency partner.

The post Marketleading cryptocurrencies in 2022 You Should Buy now Big Eyes Coin MakerDAO and Tron appeared first on Coinpedia Fintech amp Cryptocurreny News Media Crypto GuideT he cryptocurrency community seeks innovation and creativity while still seeking profits and wealth. Were all tired of boring finance and thats where meme coins communityoriented and innovative cryptocurrencies come in. Th

The daily pump amp dump is a weekday update on the crypto marketproviding you with an abbreviated breakdown of price action related to Bitcoin Ethereum and other trending altcoins.Todays summaryBitcoin retests 30000 after a rejection.Why is Ethereum lagging behind the rest of cryptoICP posts insane intraday rally.Bitcoin Retests 30000 Can The Key Level HoldBitcoin price was fiercely rejected from

Argentinas central bank the BCRA has prohibited all financial institutions from offering Bitcoin or other cryptocurrency services to clients.According to a Thursday announcement the bank noted that the measure was taken in a bid to mitigate the risks associated with cryptocurrencies. It particularly stated that different actors involved in operations with these assets were not established in the c

On August 19 a group of loving volunteers visited the Hospital Universitario Antonio Patricio de AlcalxE1 HUAPA in CumanxE1 Venezuela. Wearing costumes and acting as popular cartoon characters with kids such as SpiderMan and Elsa they shuffled between pediatric wards carrying books and toys as gifts to children suffering from illness. This event was meticulously planned by the global charity group

Opera the company behind the popular eponymous multiplatform web browserhas become the first browser to enable emojionly based web addresses to bring a new level of creativity to the internet.For the first time in the history of the internet users will be able to navigate the web by entering solely a string of emojis into the URL bar instead of letters and words.The partnership marks a major parad