ED files prosecution complaint in $20 million crypto fraud case (opens original article in a new tab)

The Enforcement Directorate filed a prosecution complaint against Chirag Tomar and others in a $20 million crypto fraud case involving spoofed Coinbase websites. Tomar was arrested in the US and sentenced to 60 months in prison. ED obtained evidence from US authorities through legal channels and found that stolen cryptocurrency was converted to Indian currency and used for property purchases.

• ED filed prosecution complaint against Chirag Tomar and others in $20 million crypto fraud case
• Chirag Tomar was arrested in US for spoofing Coinbase website to steal cryptocurrency
• ED obtained evidence from US through Mutual Legal Assistance Treaty channels
• Stolen crypto converted to Indian currency and used for property purchases