Indian authorities have arrested a suspect linked to a cryptocurrency fraud scheme that resulted in a loss of $11 million. The suspect allegedly duped 40 investors by luring them through WhatsApp groups and a fake website. The victims were promised high returns on their investments, but when they asked for their money back, the suspect disappeared. The complaint has been filed under relevant acts, and efforts are being made to apprehend others involved. Officials have warned the public about untested investment schemes and advised them to use trusted platforms for cryptocurrency investments.



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