India's Central Bureau of Investigation (CBI) has dismantled a transnational cybercrime ring, seizing $327,000 in cryptocurrency. The operation led to the arrest of Rahul Arora in New Delhi, who was involved in defrauding victims in the US and Canada. The CBI uncovered sophisticated tools used for impersonation and fraud during coordinated raids across India. This bust highlights how cybercrime syndicates in India exploit jurisdictional gaps to target foreign nationals, emphasizing the need for international law enforcement cooperation. The agency seized international calling devices, caller ID spoofing software, and recovered unaccounted cash alongside the cryptocurrency haul. The CBI's Chakra-V campaign, involving state cyber cells and international partners like Interpol and the FBI, focuses on combating cybercrime through digital forensics and asset seizures. Arora's arrest underscores the CBI's growing capabilities in handling virtual assets and combating cybercrime on an international scale. Read more AI-generated news on: https://app.chaingpt.org/news