India’s Enforcement Directorate Cracks Down On $890k Emoillent Crypto Scam

Quick Summary:

India Enforcement Directorate has launched a search operation against the founders of Emoillent Coin, a dubious crypto that promised investors lucrative returns.

The Enforcement Directorate alleges that the scammers used the stolen funds to acquire land assets.

The reports claim that scammers leveraged the popularity of Bitcoin (BTC) to convince users to make investments.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: Cracks Down India Enforcement Directorate Latest News Crypto Scam News $890k Emoillent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-02 @ 21:48:09 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21901040

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 14 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #121

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