Indian police commissioner issues a public warning against crypto frauds

Cointelegraph

Published Dec 26, 2021 04:39AM ET

Updated Dec 27, 2021 06:20AM ET

The Additional Commissioner of Police Shikha Goel warned Indian citizens about the rise in cybercrime in an event hosted by the city police of Hyderabad, India, suggesting not to transfer cryptocurrencies to unauthorized private wallets.

Goel highlighted the various methods that are 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:

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