CBI Seizes Cryptocurrencies Worth ₹2.8 Cr in Cyber Fraud Raid; Syndicate Targeted USA and Canada
In accordance with relevant legislative regulations, the CBI stressed that it has established internal capacities for the legitimate handling, seizure, and administration of VDAs.
The Central Bureau of Investigation ( CBI ) made an important discovery in its ongoing anti-cybercrime campaign, Operation Chakra-V, by dismantling an international cyber fraud gang and seizing ₹2.8 crore worth of cryptocurrencies and ₹22 lakh in unaccounted cash.
Just one suspect has been taken into custody and brought before the Special CBI Court.
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CBI teams conducted coordinated searches at three locations across the country. During the raids, investigators recovered a range of incriminating digital and physical evidence, including systems used for spoofed international calling, voice recordings, and lead-generation tools based on social engineering techniques.
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In accordance with relevant legislative regulations, the CBI stressed that it has established internal capacities for the legitimate handling, seizure, and administration of VDAs.
“This operation reflects CBI’s firm resolve under the 'Chakra-V' initiative to tackle cyber-enabled financial crimes through thorough, evidence-based investigation and bring perpetrators to justice,” said the agency.
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