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.

Miguel Gomez,
2 hrs ago


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.