P2P trading: New avenue for cybercriminals

HYDERABAD: With Rs 1.2 lakh in his bank account, a young civil service aspirant started peer-to-peer (P2P) cryptocurrency trading in hopes that he will get a good commission and save a lot of money. Little did he know that he would become an indirect victim to cybercrime.

Cyberabad DCP (cybercrime) K Shilpavalli revealed that P2P trading is the new way through which cyber fraudsters are trying to evade the police.