Indian law enforcement agency sues ChiragTomar for $20 million Coinbase counterfeiting fraud According to BlockBeats, on June 16th, the Indian Enforcement Agency (ED) has submitted an indictment to the PMLA Special Court in Devarka, New Delhi, formally accusing ChiragTomar and his accomplices of participating in a cryptocurrency phishing fraud case worth approximately $20 million. The investigation shows that the gang carried out attacks through SEO hijacking and high imitation "Coinbase Pro" phishing websites, inducing users to enter account information and further deceiving 2FA verification, thereby remotely transferring victims' encrypted assets. The funds were subsequently split into thousands of wallets and laundered layer by layer through P2P transactions with local trading platforms. The case is coordinated with federal law enforcement actions in the United States. Previously, Tomar had been arrested by the FBI in the United States and sentenced to 60 months in prison for conspiracy to commit telecommunications fraud. India's ED stated that key evidence has been obtained through international judicial cooperation, and 129 bank accounts and approximately 645.5 million rupees of assets related to the case have been frozen. The funds and properties involved in the case are being further recovered and confiscated. [Original link]