Cryptocurrency scams have become a very real problem over the past few years. With so many new users entering this ecosystem as of late, it is evident that many are at risk of being scammed. In India, another big crypto scam has been uncovered, and two individuals associated with the venture have been arrested.
It is good to see police officials crack down on any illegal activity involving Bitcoin or other cryptocurrencies. India has been cracking down on illicit cryptocurrency companies and offerings. There are many potential scams in India, which is a bigger problem that needs to be addressed.