India intensifies efforts to tackle crypto scams, focusing on “pig butchering” schemes that defrauded $3.6 billion in 2024.
Google and Meta aid India in dismantling fraudulent networks, recovering ₹16 billion and saving over 575,000 victims last year.
The Indian government has strengthened its fight on crypto scams, focusing on “pig butchering” schemes that duped victims of nearly $3.6 billion in 2024. Renowned for their use of emotional manipulation to fool people into funding bogus projects, these scams have grown to be a cause for increasing alarm.
Authorities have responded by using alliances with multinational tech giants like Google and Meta to recognize, prevent, and destroy phishing campaigns and false advertising networks more successfully than ever before.
India Strikes Back at Crypto Grifters with Google & Meta Collab
The Indian government is stepping up its game against crypto scams, targeting “pig butchering” frauds that siphoned $3.6B in 2024.
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