Fake cryptocurrency exchanges have stolen Indian investors more than INR 1000 Crore as the global crypto market tanks, a new report claimed on Tuesday.
Cyber security company CloudSEK said it has uncovered an ongoing operation involving several phishing domains and Android-based fake crypto applications.
This campaign entices unwary individuals into a big gambling scam.
CloudSEK was approached by a victim who allegedly lost a 50 Lakh INR cryptocurrency scam. also other costs like deposit amount tax etc.
Rahul Sasi Founder and CEO of CloudSEK “We estimate that threat actors have defrauded victims of up to $238 million via crypto scams”
As investors shift their focus on the cryptocurrency markets, scammers and cheats turn their attention to them as well Sasi added:
Read full news at: http://cryptounity.news/indian-investors-have-lost-nearly-1000-crore-to-fake-cryptocurrency-exchanges