Binance, in collaboration with Delhi Police, has uncovered a dangerous crypto scam. Binance, the world’s largest crypto platform, worked with Delhi Police to expose a scam known as M/s Goldcoat Solar. Several people have been arrested in this scam, and cryptocurrency worth more than 100,000 USDT has been seized. The scammers were deceiving people by claiming to have a connection with India’s solar energy plans. They gained people’s trust by showing fake earning proofs. They even promoted fake investment schemes on social media, misusing the names of government officials. The fraudsters used multiple fake SIM cards and different bank accounts, making it difficult to trace them. Additionally, they had converted the money into cryptocurrency, making the investigation even more complex.
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