Indian Counterfeiters Sentenced to 5 Years for Defrauding Coinbase Pro of 20 Million Mg Cryptocurrency
According to court documents, starting from June 2021, Tomar and other accomplices forged the Pro version website of the cryptocurrency exchange Coinbase, deceiving hundreds of victims worldwide. These scammers tricked the victims into providing login credentials and verification messages, ultimately gaining control of their accounts and swiftly transferring the cryptocurrencies from these accounts to wallets controlled by the scammers. As a result of this series of fraudulent actions, hundreds of victims worldwide suffered significant losses.
