Massive $300 Million Crypto Heist Targets Indian Government Officials
Approximately $300 million in crypto was stolen in India
Victims included around 100,000 individuals, among them 5,000 government officials and 1,000 Indian police personnel
Scammers established fake websites with inflated KRO prices, falsely claiming crypto backing by gold and other assets
They introduced additional cryptocurrencies, including "DGT Coin," to lure more investors
Scam ring employed tactics like changing phone numbers and locations frequently.
Multiple bank accounts were used to avoid detection and arrest.