India intensifies the fraud campaign with criminal investigations
The Indian government interfered in an attempt to curb. The investigation agencies were directed to conduct criminal audits in the encryption activity. The police will use the results of these investigations to combat financial factors.
An increase in an increase in encryption transactions is suspected. Forensic analysis shows an increase in the number of encryption portfolios related to financial crimes. Within one year, the criminal activity of encryption increased by 45 %. It is estimated that there are $ 5.6 billion of losses due to these activities in 2023 alone.
The number of criminal investigations increased from 2020 to 2024 significantly. The Ministry of Internal Affairs stated that in 2020, only 11 cases were subjected to analysis, especially less than 291 estimated in 2024. Officials noted that the same investment platform in encryption was used by criminals repeatedly. This information was useful in reducing
Curd functions as a digital payment system. His transactions occur between the governor through the use of wallet addresses and without any bank verification. This allows direct transmission between users. Digital assets like BTC, ETH, LTC and Ripple facilitate these transactions. As the king of encryption, Bitcoin is still the most popular forms
The Indian government will continue to strengthen its supervision of digital transactions. With an increase, the authorities aim to reduce fraud or even fully fight fraud and enhance financial security. The campaign is expected to grow on illegal encryption activities in the coming years.