Pakistani Authorities Dismantle $60 Million Crypto Scam Network

2025-12-27 03:27

Pakistani authorities have dismantled a transnational cryptocurrency investment scam network in Karachi, reportedly involving approximately $60 million. The operation was a joint raid targeting a group that used social media and instant messaging platforms to conduct long-term social engineering schemes. The scammers posed as traders or 'insiders' to deceive victims into fraudulent investments.

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