India’s CBI Seizes $327K in Crypto During Transnational Cybercrime Bust

India''s Central Bureau of Investigation (CBI) has dismantled a transnational cybercrime syndicate, arresting key suspect Rahul Arora in New Delhi. Authorities confiscated $327,000 in cryptocurrency alongside $26,400 in cash, marking a significant blow to the operation.

The ring employed sophisticated spoofing technology to impersonate officials, targeting victims across the U.S. and Canada. Tools recovered include caller ID manipulation software and social engineering kits—evidence of a meticulously planned fraud network exploiting cross-border enforcement gaps.

This crackdown underscores the growing intersection of cybercrime and digital assets. While the specific cryptocurrencies seized remain undisclosed, the case highlights regulatory challenges in tracking illicit crypto flows—a pressing concern for global law enforcement.