Crypto Scams Rise in India as Another Consulting Executive Faces Fraud

Crypto scams in India have risen significantly in the past couple of years. On Saturday, a consultancy executive was reportedly cheated in the name of crypto rewards. According to local media reports, a Gurugram-based executive has faced a fraud worth over $45,000. The heightened frauds have now raised questions on cyber security measures that are in place to protect internet users, however have failed to do so.