Tuesday, May 20, 2025

HomeBTC Empowers EverybodyIndian Authorities Dismantle Goldcoat Scheme with Binance's Aid

Indian Authorities Dismantle Goldcoat Scheme with Binance’s Aid

Indian Authorities Dismantle Goldcoat Solar Scam with Binance Aid

Indian authorities, with assistance from Binance, have successfully dismantled a fraudulent scheme operated by Goldcoat Solar. The scheme involved deceiving investors with false promises related to solar energy projects. Binance played a significant role in recovering a substantial amount of cryptocurrency assets that were part of the fraud. This collaboration between Indian law enforcement and a major crypto exchange highlights the growing focus on tackling crypto-related crimes and recovering stolen assets. The joint effort underscores the importance of international cooperation in the fight against financial fraud in the digital currency space.

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