【Indian authorities freeze $4.8 million in assets related to Coinbase user crypto fraud case】According to Golden Finance, the Enforcement Directorate (ED) of India has launched an investigation into a large-scale cryptocurrency fraud case, freezing assets worth 428 million rupees (approximately $4.8 million) belonging to the main suspect Chirag Tomar, his relatives, and related entities. Under the Prevention of Money Laundering Act (PMLA), this operation seized 18 properties in Delhi and multiple bank accounts. Chirag Tomar is the mastermind behind a phishing scam targeting Coinbase users, which has been ongoing since mid-2021 and is expected to continue until the end of 2023. By creating a fake Coinbase website and using search engine optimization (SEO) techniques to lure users into logging in, approximately $20 million in cryptocurrency has been stolen.