ED Cracks Down on $890K Emoillent Crypto Scam in India

ED Cracks Down on $890K Emoillent Crypto Scam in India

India's Enforcement Directorate (ED) has initiated a search operation against the founders of Emoillent Coin, a fraudulent cryptocurrency that lured investors with promises of substantial returns. Local media reports indicate that 2,508 investors in India lost a combined total of ₹73,436,267 (approximately $890,000) in their quest to capitalize on the cryptocurrency boom. The dubious coin, marketed as “Emollient Coin Limited,” attracted users...

ED Cracks Down on $890K Emoillent Crypto Scam in India Coinatory

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