OctaFX Ponzi takedown: India’s ED seizes $286M in crypto, mastermind arrested
PositiveCryptocurrency

India's Enforcement Directorate has made a significant move by seizing $286 million in cryptocurrency linked to the OctaFX Ponzi scheme, a major financial fraud. The arrest of Pavel Prozorov, the alleged mastermind, highlights the ongoing efforts to combat cybercrime and protect investors. This action not only aims to recover lost funds but also sends a strong message against financial fraud in the region, making it a crucial development in the fight against such schemes.
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