Crypto Conundrum: India’s $2m RSN Ruse Unraveled

In a tale as thrilling as a Wildean plot twist, the Indian constabulary has collared a trio of miscreants for a crypto caper that would make Dorian Gray blush. 🕵️‍♂️

Word on the street is that the Assamese police, with a flair for the dramatic, have brought the curtain down on the RSN Crypto charade—a performance that would have made Lady Bracknell proud.

These dastardly lads, it is said, swindled over 2,000 innocents, amassing a fortune that would make even the most jaded of aesthetes swoon. Between inr 10-20 crore, no less!

The scoundrels promised a 2% daily return on the RSN crypto token, a claim as credible as a cucumber sandwich at a séance. Alas, the investments were whisked away to the land of Tether, via Binance—a most ungentlemanly move.

The Indian Cyber Crime Coordination Centre (I4C) was called upon, like a knight in shining armor, to unravel this digital deceit. The website, it turns out, was an Amazonian beast with alleged Chinese whispers in its ear.

Three culprits have been apprehended, confessing to their misdeeds with all the grace of a falling soufflé. The head honcho, however, remains as elusive as the Cheshire Cat, grinning from afar.

It seems the Chinese are not only exporting tea and silk but also their brand of crypto trickery to our dear India. Such a pattern of deception would make even the most jaded of detectives yawn.

Earlier this year, the Datameer debacle had investors weeping into their chai, and last year’s HPZ Token fiasco was a drama in itself, with nearly 300 Chinese entities charged. What a farce!

As India’s crypto dreams soar, so do the schemes to pluck those dreams from the sky. 🌟

With trading volumes reaching celestial heights, the masses are flocking to crypto like moths to a flame. An expert predicts a market worth more than $15 billion by 2035—let’s hope it’s not all smoke and mirrors.

Read More

2025-03-03 11:31