CBI conducts searches in HPZ cryptocurrency token fraud case

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The Central Bureau of Investigation (CBI), as part of its ongoing Operation Chakra-V against cybercrimes, has carried out searches in the HPZ cryptocurrency token fraud case, exposing a sophisticated and large-scale transnational cyber fraud running into hundreds of crores of rupees, the agency said in a release.

On October 3, coordinated search operations were conducted at seven locations across Delhi NCR, Hyderabad, and Bengaluru, leading to the recovery of incriminating digital evidence and financial records.

The case, registered under criminal…



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CBI conducts searches in HPZ cryptocurrency token fraud case



The Central Bureau of Investigation (CBI), as part of its ongoing Operation Chakra-V against cybercrimes, has carried out searches in the HPZ cryptocurrency token fraud case, exposing a sophisticated and large-scale transnational cyber fraud running into hundreds of crores of rupees, the agency said in a release.

On October 3, coordinated search operations were conducted at seven locations across Delhi NCR, Hyderabad, and Bengaluru, leading to the recovery of incriminating digital evidence and financial records.

The case, registered under criminal…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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