Operation Chakra-2: CBI searches 76 locations to unmask cybercriminals

The CBI has conducted searches at 76 locations across the country under Operation Chakra-II after registering five cases of cyber-enabled financial fraud, including a Rs 100-crore crypto scam, officials said on Thursday.

One of the cases pertained to a racket siphoning off Rs 100 crore of Indian citizens through a cryptocurrency fraud, they said.

“This audacious scheme, under the guise of a fake crypto mining operation, targeted unsuspecting Indian citizens, resulting in a staggering loss of over Rs 100 crore to Indian victims,” the CBI spokesperson said.