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Maximize your capital efficiency
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Launch
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Quick staking, earn potential new tokens
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Alpha Points
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Gate Skills Hub
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🚨 ₹500 CRORE CRYPTO SCAM BUSTED!
▸ The ED has arrested Masoom Juneja in connection with a major crypto fraud case.
▸ The alleged scheme operated through Korvio Coin $KRO and is accused of running as an MLM-style Ponzi scheme.
▸ More than 248,000 users were affected, with estimated losses exceeding ₹500 Crore.
▸ Authorities allege investor funds were routed through shell companies, crypto transactions, and property purchases.
▸ The main accused, Subhash Sharma, is reportedly in Dubai.
Be cautious of crypto projects promising guaranteed high returns.