Indian Police Take Down ‘Crypto Queen’ Behind Major Crypto Fraud
In a major crackdown on crypto crime, Indian police have arrested a woman dubbed the ‘Crypto Queen’ for leading a $15 million digital asset fraud ring.
According to law enforcement, she and her network ran fake crypto investment platforms that lured thousands of victims with promises of high returns. Once users deposited funds, the scammers vanished—leaving wallets drained and victims helpless.
The fraud targeted investors in cities like Mumbai, Delhi, Hyderabad, and Bengaluru, using social media ads, WhatsApp groups, and fake influencer endorsements to create a sense of legitimacy.
Police confirmed the arrest of the ringleader, along with eight other suspects, during coordinated raids across three states. Officers also seized laptops, hardware wallets, luxury items, and transaction logs during the operation.
Investigators say the scammers used multiple wallets, privacy coins, and cross-chain tools to hide the movement of the stolen funds—making recovery difficult.
But now, with help from blockchain experts and Chain Retrieval systems, the search for the stolen crypto is underway.
Chain Retrieval Tools Help Track Stolen Crypto and Protect Users
As crypto-related scams continue to rise, tools like Chain Retrieval have become essential for both crime investigation and user protection.
These tools use real-time blockchain analytics to:
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Trace stolen crypto assets across blockchains and wallets
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Identify wallet clusters tied to scammers
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Detect phishing or rug pull attempts in real-time
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Flag dangerous smart contracts and fake platforms
In this case, investigators are using chain retrieval software to trace the stolen funds and map out the criminal wallet network. The goal is to find any crypto that might still be on centralized exchanges or inside hardware wallets seized during the arrests.
A cybersecurity officer close to the case said:
“Chain retrieval gives us the tools to follow stolen funds across chains and stop bad actors from cashing out undetected.”
Chain Retrieval not only supports recovery—it also works to prevent future victims by flagging suspicious platforms, unknown token approvals, and high-risk wallet activity.
Many victims in this case were unaware that the platform they were investing in was fake. A real-time transaction scanner or smart contract simulator could have warned them before they connected their wallets.
Victims Urged to Come Forward as Recovery Efforts Begin
Police say the investigation is far from over. Authorities are now building forensic cases using blockchain evidence, and more arrests could follow.
They’ve also urged victims of the scam to come forward and report any wallet transactions or details tied to the fake platforms.
If you’ve lost funds in this scam or suspect suspicious wallet activity, you can reach out for help through chain retrieval support services.
📧 Email: chainretrieval@gmail.com
📱 WhatsApp: +44 7951 606561
Our team provides:
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Wallet tracing and scam investigation support
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Real-time fraud alerts and phishing detection
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Reports for law enforcement and exchange flagging
Even if the stolen funds have moved, acting fast with the right tools gives you a better chance of recovery.
Crypto Safety in India: A Wake-Up Call
The ‘Crypto Queen’ arrest is one of India’s biggest crypto fraud takedowns to date. It sends a strong message that digital asset scams will not go unchecked—and also highlights the importance of on-chain protection tools.
With over $4 billion lost globally in crypto frauds in the last 2 years, experts say tools like Chain Retrieval are becoming critical for user security and fraud prevention.
As more users enter the Web3 space, education, awareness, and real-time blockchain defense tools will be key to staying safe.