The post Binance Collaborates With Indian Police In E-Nuggets Crypto Scam appeared first on Coinpedia Fintech News

Binance is collaborating with Indian enforcement agencies to take hold of the crypto scam app, ‘E-Nuggets’. The application held the assets in as many as 70 wallets spread across the three CEXs. The app had led its users to deploy capital into the platform promising higher returns through wager games, which later took a dark turn after the money was sent. The Indian Enforcement Directorate managed to seize $10.5 million worth of crypto in relation to the activity. 

The post Binance Collaborates With Indian Police In E-Nuggets Crypto Scam appeared first on Coinpedia Fintech News

Binance is collaborating with Indian enforcement agencies to take hold of the crypto scam app, ‘E-Nuggets’. The application held the assets in as many as 70 wallets spread across the three CEXs. The app had led its users to deploy capital into the platform promising higher returns through wager games, which later took a dark turn after the money was sent. The Indian Enforcement Directorate managed to seize $10.5 million worth of crypto in relation to the activity.