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**Chinese Court Jails Fraudsters šØ for Scamming 66,000+ Indians š®š³ in $6M Crypto Romance Scam šš**
A Chinese court has sentenced a group of scammers to **up to 14 years in prison āļø** for tricking over **66,000 Indian investors** out of **$6 million šø** using:
- **Fake romance schemes šā¤ļøāš©¹** (catfishing victims)
- **A phony crypto investment app š±ā ļø**
The fraudsters built **elaborate fake identities š** and apps to gain trust. Authorities warn this is **one of the biggest India-China crypto crackdowns yet š**, with more scams likely still active.
**Stay alert! šØ Donāt fall for "too good to be true" crypto offers! š”**
#CryptoScam #FraudAlert #IndiaChina
$SOL $BTC $BNB
A Chinese court has sentenced a group of scammers to **up to 14 years in prison āļø** for tricking over **66,000 Indian investors** out of **$6 million šø** using:
- **Fake romance schemes šā¤ļøāš©¹** (catfishing victims)
- **A phony crypto investment app š±ā ļø**
The fraudsters built **elaborate fake identities š** and apps to gain trust. Authorities warn this is **one of the biggest India-China crypto crackdowns yet š**, with more scams likely still active.
**Stay alert! šØ Donāt fall for "too good to be true" crypto offers! š”**
#CryptoScam #FraudAlert #IndiaChina
$SOL $BTC $BNB
india-china trade hits All time
Indiaās trade deficit with China surged to a record $99.2 billion in FY 2024-25. The sharp rise is mainly due to a jump in imports of electronics and industrial goods from China, while Indian exports to China declined.
Key Highlights:
Imports Up: Indiaās imports from China grew by 11.5% to $113.45 billion
Exports Down: Indian exports to China dropped by 14.5% to $14.2 billionIndia also posted trade deficits with:
UAE: $26.79 billionHong Kong: $13.64 billio The growing gap signals a deeper economic imbalance that may call for strategic policy shifts.
#IndiaChina #AsiaPolitics #CurrentAffairs
Key Highlights:
Imports Up: Indiaās imports from China grew by 11.5% to $113.45 billion
Exports Down: Indian exports to China dropped by 14.5% to $14.2 billionIndia also posted trade deficits with:
UAE: $26.79 billionHong Kong: $13.64 billio The growing gap signals a deeper economic imbalance that may call for strategic policy shifts.
#IndiaChina #AsiaPolitics #CurrentAffairs
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