66-yr-old Hyderabad man loses Rs 3.5 crore in crypto trading scam

HYDERABAD: A 66-year-old private employee from Kondapur lost Rs 3.54 crore after investing in a fake cryptocurrency trading platform. According to police, the victim was introduced to the platform by a Facebook user who identified herself as Navya.

She discussed investment opportunities and guided him to open an account on a trading platform. After the victim deposited a large amount of money, he attempted to withdraw funds but found that his account had been blocked.