Indian Police Investigate INR 10M Crypto Scam Tied to Hong Kong

Indian Police Investigate INR 10M Crypto Scam Tied to Hong Kong

Indian police have launched an investigation into a cryptocurrency scam involving the "Datameer" trading app, which allegedly swindled over INR 10 million ($119,000) from more than 700 local investors. The scheme, which surfaced in April 2024, promised returns of up to 50% on crypto investments, attracting a mix of small and large investors. Victims were lured through social media campaigns that promoted rapid gains, according to Superintende...

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