CBI Busts Cybercrime Racket: Recovers ₹2.8 Crore Cryptocurrencies One Arrested

2025-06-11 03:12:22

(MENAFN- Live Mint) As part of its ongoing crackdown on cybercrime under the 'Chakra-V' operation, the Central Bureau of Investigation (CBI) carried out raids at three different locations.

The CBI successfully seized proceeds of crime in the form of Virtual Digital Assets (VDA) worth ₹2.8 Crores along with unaccounted cash amounting to ₹22 lakhs from the possession of the suspect.

One accused has been arrested in connection with the case and is being produced before the Special CBI Court.

Notably, CBI has developed in-house capabilities for handling and seizure of Virtual Digital Assets (VDAs) as part of its technology-driven approach for combating cybercrime. The agency has also put in place necessary systems for the management of such assets as per legal provisions. CBI has been successfully detecting and seizing VDAs in its various search operations.

(This is a breaking news)

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