Crypto used to launder Rs 3.24 crore in Telangana; three held
By
Binu Mathew
HYDERABAD: The Telangana Cyber Security Bureau (TGCSB) has arrested three individuals for allegedly laundering money obtained through cyber fraud by converting it into cryptocurrency and transferring it to fraudsters based abroad.
The accused have been identified as Md Raziuddin (22), Md Waliullah (25), and Mohd Zubair Khan (34), all residents of Hyderabad. Waliullah is originally from Bihar but is currently residing in the city.
