India’s Enforcement Directorate (ED) has arrested four individuals in connection with the Fiewin gaming app scam, which allegedly cost victims over $47.6 million. The Fiewin app lured users into online betting and gaming, promising easy money, and then defrauded them of their funds.

The Indian Enforcement Directorate discovered the connection with the digital wallet during the investigation and worked closely with Binance’s Financial Intelligence Unit (FIU).