币安协助印度揭露4760万美元Fiewin游戏诈骗四人被捕

Story Highlights
Indian authorities uncover $47.6 million Fiewin gaming scam with Binance’s assistance.
Scam involved complex cross-border criminal networks using “mule” accounts and crypto wallets.
Four individuals arrested in connection with the Fiewin fraud scheme, signaling major progress.
The Indian Enforcement Directorate (ED) has made a decisive move by arresting four people linked to the Fiewin gaming app scam, revealing a massive gaming scam worth $47.6 million!
Binance
, the biggest cryptocurrency exchange in the world has played a key role in this investigation by assisting the ED in tracking the funds tied to the scam.
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How the Fiewin Scam Worked
The
Fiewin app attracted
users with promises of quick and easy money through fun mini-games. However, new users could quickly set up accounts and start playing, even adding money to their in-app balance through different payment methods.
But as soon as users built up significant amounts, they found themselves unable to withdraw any funds. Shocking reports revealed that a massive $47.6 million was stolen in this scam.
Through this investigation, ED discovered that the app had been part of a cross-border criminal network it used various methods to obfuscate the origin and movement of illicit funds by utilizing bank accounts of “mules” and cryptocurrency wallets, creating a complex web of transactions to hinder detection and tracking.
Binance’s Key Role
Meanwhile,
Binance who recently acquired
the licenses to operate legally in India, stepped forward to assist in this investigation. The exchange provided crucial information that helped authorities track the stolen funds back to multiple digital wallets.
Remakret from the ED spokesperson highlighted that this partnership between public and private sectors is vital in tackling complicated financial crimes, stating, “Binance gave us the analytical support we needed.”
The Arrest!!!
As the investigation continued, the ED arrested four key individuals involved in this fraud scheme. These suspects worked closely with operators linked to the Fiewin gaming apps and used secure messaging apps to communicate while operating from various locations. This collaborative effort is a big step toward cracking down on scams like this!