According to Odaily Planet Daily, the Indian Enforcement Directorate (ED) has cracked down on a cryptocurrency fraud gang targeting foreigners. ED conducted searches on Prafful Gupta and his accomplices at various locations in Delhi, Haryana and Kanpur on June 6 to investigate a cyber fraud case targeting foreigners. The defendant persuaded the victim to transfer $400,000 into a cryptocurrency account, claiming that her bank account was unsafe. The transferred funds were converted into cryptocurrency and distributed to various accomplices. The Enforcement Directorate further revealed that the search operation led to the confiscation of digital evidence, the freezing of 725 million rupees (880,000 US dollars) in fixed deposits, and the confiscation of jewelry worth 3.5 million rupees (42 million US dollars). The investigation is still ongoing.