{"id":386000,"date":"2021-12-26T12:39:17","date_gmt":"2021-12-26T09:39:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/indian-police-commissioner-issues-a-public-warning-against-crypto-frauds\/"},"modified":"2021-12-26T12:39:17","modified_gmt":"2021-12-26T09:39:17","slug":"indian-police-commissioner-issues-a-public-warning-against-crypto-frauds","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/indian-police-commissioner-issues-a-public-warning-against-crypto-frauds\/","title":{"rendered":"# Indian police commissioner issues a public warning against crypto frauds"},"content":{"rendered":"<p>&#8220;<strong># Indian police commissioner issues a public warning against crypto frauds <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvYjQ0MmFiMDQtMjQ0Ni00MjhkLWI2ZTEtMzlmNzAxZDcxN2RiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Goel highlighted the various methods that are actively being used by fraudsters to dupe investors such as lucrative investment opportunities, illegitimate bank transfers and cryptocurrencies. Acknowledging the growth of Indian crypto users, Goel added:<\/p>\n<blockquote><p>\u201cThey [fraudsters] ask you to share your cryptocurrency details. And once you put it in your wallet, then the money is taken away.\u201d<\/p><\/blockquote>\n<p>After simplifying the elaborate fraud in a sentence, Goel also highlighted that sixteen such cases have been registered involving cryptocurrencies.<\/p>\n<p>The Additional Commissioner of Police Shikha Goel warned Indian citizens about the rise in cybercrime in an event hosted by the city police of Hyderabad, India, suggesting not to transfer cryptocurrencies to unauthorized private wallets.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Do not transfer your cryptocurrency to unauthorised private wallets <br \/>Dont fall prey to fraudsters <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BeCyberSmart?src=hash&amp;ref_src=twsrc%5Etfw\">#BeCyberSmart<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/eJOwsnLSmX\">pic.twitter.com\/eJOwsnLSmX<\/a><\/p>\n<p>\u2014 Shikha Goel, IPS (@AddlCPCrimesHyd) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AddlCPCrimesHyd\/status\/1474933626387111940?ref_src=twsrc%5Etfw\">December 26, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As a fair warning to the Indian crypto investors, the commissioner said:<\/p>\n<blockquote><p>\u201cIf you are going to be using or investing in cryptocurrency, please go only to the reputed and long-established players in this field.\u201d<\/p><\/blockquote>\n<p>Speaking to local <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> The Hindu, Goel revealed that 14 out of the 16 crypto fraud cases were directly related to investment and trading. Typically, the fraudsters convince the victims to transfer their newly purchased cryptocurrencies for higher profits, which according to Goel:<\/p>\n<blockquote><p>\u201cPeople have been cheated of 3.45 crore rupees (roughly $458,000) in their greed for higher returns against investment in cryptocurrency.\u201d<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">DIAL 155260 to report financial cyber fraud like OTP , UPI or any other cyber crime where you have lost money <br \/>And yes do not delay in informing <br \/>If you inform us on time on this helpline chances of retrieving the amount are high <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BeCyberSmart?src=hash&amp;ref_src=twsrc%5Etfw\">#BeCyberSmart<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/HgXF34h2ko\">pic.twitter.com\/HgXF34h2ko<\/a><\/p>\n<p>\u2014 Shikha Goel, IPS (@AddlCPCrimesHyd) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AddlCPCrimesHyd\/status\/1474937596186796032?ref_src=twsrc%5Etfw\">December 26, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cOnce you get cheated, it is a dead-end. Virtual money can never be traced back and returned to the original owner,\u201d she concluded.<\/p>\n<p><strong>Related: <\/strong><strong><em>Indian state government to accredit Web 2.0 and Web 3.0 blockchain startups<\/em><\/strong><\/p>\n<p>The state government of Telangana also leads India\u2019s blockchain efforts as it launches India Blockchain Accelerator program to foster early-stage Web 2.0 and Web 3.0 startups and blockchain developers. <\/p>\n<p>Speaking to Cointelegraph, Rama Devi Lanka, Telangana government\u2019s director of emerging <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>, shared her interest to use blockchain technology for solving real-world problems, adding:<\/p>\n<blockquote><p>\u201cThe Telangana government will help provide the required regulatory framework to enable and promote blockchain growth.\u201d<\/p><\/blockquote>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/indian-police-commissioner-issues-a-public-warning-against-crypto-frauds\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Indian police commissioner issues a public warning against crypto frauds &#8221; Goel highlighted the various methods that are actively being used by fraudsters to dupe investors such as lucrative investment opportunities, illegitimate bank transfers and cryptocurrencies. Acknowledging the growth of Indian crypto users, Goel added: \u201cThey [fraudsters] ask you to share your cryptocurrency details&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":386001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvYjQ0MmFiMDQtMjQ0Ni00MjhkLWI2ZTEtMzlmNzAxZDcxN2RiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,88066,74863,107431,77310,90774,74355,71006,17318,73711,12115,70934],"class_list":["post-386000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-bitcoin-in-india","tag-cryptocurrencies","tag-cryptocurrency-investment","tag-indian-crypto","tag-indian-government","tag-adoption","tag-fraud","tag-india","tag-investments","tag-police","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/386000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=386000"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/386000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/386001"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=386000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=386000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=386000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}