2025-12-24 21:21:24

Recently, Indian law enforcement agencies launched a large-scale joint operation, simultaneously sealing off 21涉案 locations across multiple northern states. Behind this case is a cryptocurrency scam mafia that has been operating for a full decade—building fake investment platforms and fabricating outrageous return promises to deceive investors.

Law enforcement investigations reveal that this gang was actually running a classic Ponzi scheme. They received funds through cryptocurrency wallets and transferred them to overseas accounts for money laundering, with the entire chain designed to be quite covert. The operation involved regions such as Karnataka, Maharashtra, and Delhi, and the scale indicates that the issue has reached a point where action was unavoidable.

This case serves as a reminder to investors: investment projects promising high returns are often problematic. When choosing cryptocurrency-related investments, always stay vigilant and be wary of promises that seem too good to be true.

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Degen4Breakfast

· 4h ago

It took ten years of scams to finally catch them—India's speed is truly impressive. It took ten years of operation before it collapsed—how low-key must they have been? It's the same Ponzi scheme again, still using crypto for money laundering—old tricks. I stopped believing in high-yield promises a long time ago. Twenty-one locations raided at once—finally someone took action. Why do people always fall for this kind of thing? Overseas accounts for money laundering—cryptography can't change people's hearts. It took ten years to expose this—these security measures are really effective. I’ve already blocked anyone promising 30% monthly income—no doubt about it. India's speed is remarkable; how about domestically?

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FromMinerToFarmer

· 5h ago

Ten years, really takes guts to the limit. These people live quite comfortably by scamming with snake oil. It's another old-fashioned Ponzi scheme; as long as it wears the guise of a crypto project, people will fall for it. India's recent crackdown was really fierce, with 21 locations raided at once. It seems they've had enough. I don't trust any project promising 100x returns—that's an iron law. No matter how covert the money laundering chain is designed, it can't escape investigation. Eventually, it will be exposed. Ten years is enough time to deceive so many people, which shows investors really need to recharge their brains. Cases like this are increasing; we must learn to distinguish for ourselves and not just listen to others' hype. Transferring funds through overseas accounts—this trick is truly antique-level. Why do some people always get mesmerized by those outrageous promises? There are no free lunches in the sky. India's recent bust is probably a wake-up call for the crypto community.

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MoneyBurnerSociety

· 5h ago

A ten-year old Ponzi scheme, India just shut it down? We still have to wait in line here.

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TokenomicsTinfoilHat

· 5h ago

Ten years, these people are really patient, just waiting to be caught. --- Another Ponzi scheme, I just want to know how many more are still running. --- High return promises... I still have people around me who believe in this, it's really crazy. --- Taking down 21 locations at once, Indian law enforcement is serious this time. --- The money laundering routes are so complicated, yet they still got caught. What does that say? --- A ten-year scam gang, how many victims must there be? Just thinking about it makes me uncomfortable. --- It's all so ridiculous, yet people still rush to invest money. Human nature. --- That's why I never believe in high-yield investments. Nothing good comes from it. --- The entire ecosystem needs a thorough cleanup, or else there will be another ten-year gang.

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