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Indian police commissioner issues a public warning against crypto frauds By Cointelegraph




In an event hosted by the city police of Hyderabad, India, the additional commissioner of police, Shikha Goel, warned Indian citizens about the rise in cybercrime and suggested they avoid transfering cryptocurrencies to unauthorized private wallets.

Goel highlighted the various methods actively being used by fraudsters to dupe investors, such as lucrative investment opportunities, illegitimate bank transfers and cryptocurrencies. Acknowledging the growth of Indian crypto users, Goel added: