Indian police have arrested three individuals in connection with a large-scale crypto scam that deceived over 2,000 victims with promises of lucrative returns.
The RSN Crypto scam, which had alleged ties to China, promised investors a 2% daily return and amassed between ₹10-20 crore ($1.14-2.29 million).
The scammers used crypto exchanges like Binance to convert investments into Tether-issued stablecoin USDT.