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Indian investors may have lost Rs 1,000 crore to fake crypto exchanges: CloudSEK

Shortpedia

Content Team
Image Credit: business insiders

Fake cryptocurrency exchanges have duped Indian investors of more than $128 million (nearly Rs 1,000 crore) as the global crypto market tanks, a new report claimed on Tuesday. Cyber-security company CloudSEK said it has uncovered an ongoing operation involving several phishing domains and Android-based fake crypto applications.