Home > Information news > India Cracks Down on e-Nuggets Scam, Binance Assists: A Major Step for Crypto Regulation (BNB)

India Cracks Down on e-Nuggets Scam, Binance Assists: A Major Step for Crypto Regulation (BNB)

Release: 2024/05/04 16:26 Reading: 479

Original author:CO NEWS

Original source:https://coinmarketcap.com/community/articles/6633f563a869c661ffac5381

India Cracks Down on e-Nuggets Scam, Binance Assists: A Major Step for Crypto Regulation (BNB)

India's Enforcement Authority Seizes $10.5 Million from Online Scam App

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India's enforcement authority, with the cooperation of major cryptocurrency exchanges, has confiscated approximately $10.5 million from E-Nuggets, an online scam application.

Posing as a gaming platform, the scam app enticed users with promises of substantial returns. However, it abruptly ceased operations after investments were made.

Binance, the world's leading cryptocurrency exchange, is poised to re-enter the Indian market following its agreement to pay a $2 million fine.

Indian Enforcement Authority Cracks Down on Crypto Scam, Seizing $10.5 Million with Exchange Assistance

India's enforcement authority has taken action against a crypto scam, seizing $10.5 million with the assistance of major exchanges, while Binance prepares to re-enter the Indian market.

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India's Enforcement Authority Busts E-Nuggets Scam

India's enforcement authority has seized approximately... Read the full article FREE at COINOTAG!

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