Hyderabad Police Asks Crypto Investors - 'Beware'!

Shikha Goel, Additional Commissioner of Police, Crime and SIT in Hyderabad has alerted the crypto investors of India. He said that investors should not transfer their assets in unknown and unauthorized wallets.

He said in an awareness program that according to the research of Statista, there are 74 crore internet users in India and cybercrime is increasing continuously here. According to research, there are 100 million crypto investors in India.

Goyal also said that the crypto segment is expanding rapidly in the country. This has also caught the attention of cyber criminals who target people associated with the industry.

Cybercriminals ask you to provide details of cryptocurrency and as soon as you transfer digital money to the wallet, they take it out.

If you use or are going to invest in cryptocurrencies, deal only with reputable firms." He shared this advice by posting a video on his Twitter handle.