Massive Crypto Scam Uncovered: Chinese Court Jails Fraudsters Who Scammed 66,000 Indians

In a major crackdown on cross-border cybercrime, a Chinese court has sentenced members of a fraud ring to up to 14 years in prison for orchestrating a massive crypto scam targeting over 66,000 Indian investors.

How It Happened: Fake Romance Meets Fake Crypto

The criminals used fake identities and online romance tactics to build trust with victims, eventually luring them into a bogus cryptocurrency trading platform. Everything looked real — until the money vanished.

Victims were persuaded to invest, thinking they were getting in on a legitimate opportunity. By the time the scam was exposed, the losses had soared past $6 million.

A Warning for the Crypto Community

Authorities are calling this one of the biggest crypto fraud cases between India and China — and they fear it may not be the last. With crypto and online dating both surging, similar schemes could be operating under the radar.

Stay Sharp: Don’t Get Played

This case is a reminder that if something seems too good to be true, it usually is. Always double-check platforms, apps, and people — especially when money or emotions are involved.

#CryptoScamAlert #IndiaChinaFraud #CryptoAwareness #StaySafe