Indian authorities and Binance crack down on $47M gaming app scam
Indian authorities, in collaboration with Binance, the world’s largest cryptocurrency exchange, have reportedly dismantled a gaming app scam that defrauded users of over $47 million. The country’s Enforcement Directorate (ED) arrested four people who allegedly assisted Chinese nationals in running a scam gaming app called Fiewin, in which victims lost over Rs 400 crore. The…