Delhi Police Arrest 7 in ₹3.93 Crore Cyber Fraud Tied to USDT and Hawala
- —₹3,93,59,000 drained in 149 transactions on October 5, 2026
- —NCRP placed a lien of ₹1.78 crore on the account balance
- —Police seized 45 cheque books, 25 passbooks, 45 ATM cards and 13 phones
- —Key accused Brij Lal was already wanted in a separate ₹95 lakh case
Why it matters: The case highlights how cash withdrawals and hawala can move fraud proceeds outside India's FIU reporting framework before conversion to stablecoins.
Source: The Crypto Times