MBBS student loses Rs 44 lakh in crypto scam: Tips to protect yourself

A medical student in Gwalior lost Rs 44 lakh when he was duped in a cryptocurrency investment scam on messaging app Telegram, marking another incident of fraud on social media.

The 23-year-old MBBS student was approached by scammers through a Telegram channel that promised high returns on cryptocurrency investments. The scammers contacted the student in January and gradually built trust by sharing professional-looking investment schemes and cryptocurrency trading strategies, according to media reports.