CBI Dismantles Cryptocurrency-Fueled Global Cybercrime Ring, Recovers Over $327,000

India’s Central Bureau of Investigation (CBI) has dismantled a sophisticated transnational cybercrime operation, seizing over $327,000 worth of cryptocurrency as part of an extensive crackdown on online fraud. The investigation targeted a group accused of orchestrating large-scale scams across multiple countries, including the United States and India. The cybercriminals used tactics like phishing to steal personal information and transfer funds into crypto wallets for anonymity before moving them through various exchanges.