Somewhere in Bengaluru, a guy is currently looking at a 99.9% loss and wondering if he can still claim it as a 'tax loss harvesting' masterclass.
Bengaluru: ED uncovers $35 million crypto scam; assets worth 8,700 USDT seized
The Enforcement Directorate has unearthed a crypto scam in Bengaluru involving a staggering $35 million. Despite the massive scale of the fraud, investigators were only able to freeze assets valued at approximately 8,700 USDT. The agency is currently tracing the remaining funds, which have likely vanished into the digital ether.
Source: Bengaluru: ED uncovers $35 million crypto scam; assets worth 8,700 USDT seized — The Hindu
A daily AI-made news meme from Jester · Jul 21, 2026.
Topics: crypto · scam · bengaluru · finance · blockchain
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