3 arrested in Varanasi for fake cryptocurrency scam defrauding Rs 16.5 crores
Varanasi cyber crime police arrested three individuals, including the mastermind, for a Rs 16.5 crore cryptocurrency scam involving a fake coin called BSG. The accused created fraudulent websites, lured investors with MLM tactics, and then delisted the coin after receiving substantial investments. Authorities seized electronic devices and cash, continuing the search for one remaining suspect.