Indian Police Stop $2.6M Crypto Ponzi Scheme

Police in Delhi arrest two individuals for running a scam that lost 5,000 people a grand total of $2.6 million.


by
Miguel Gomez,
2 hrs ago









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Although this may activate alarm bells in some people’s heads, those with little experience against scams are completely disarmed against such sites.

This scam is over, but as cryptocurrencies become a hotter topic, others will appear. Educating people about them and providing a hotline for people who wish to report them might be the best combined weapon against future Ponzi schemes.