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India's CBI arrests suspect in $930,000 cryptocurrency fraud

The Central Bureau of Investigation (CBI) in India has arrested a suspect in a cryptocurrency fraud case involving $930,000. CBI conducted a raid on the suspect Ramavat Shaishav's premises and seized cryptocurrency worth $930,000 from his wallet, including Bitcoin, Ethereum, Ripple, USDT and other cryptocurrencies. At the same time, during the search, CBI officials also confiscated mobile phones, laptops and bank accounts containing various information, in order to further investigate the cryptocurrency fraud case in India.