BlockBeats News, June 16th, the Enforcement Directorate (ED) of India has submitted a charge sheet to the New Delhi Dwarka PMLA Special Court, formally accusing Chirag Tomar and his associates of participating in a approximately $20 million cryptocurrency phishing scam.

The investigation revealed that the gang carried out the attack through SEO hijacking and a high-fidelity "Coinbase Pro" phishing website, prompting users to enter their account information and further scamming them of 2FA verification, thereby remotely transferring the victims' crypto assets. The funds were then split into thousands of wallets and laundered through peer-to-peer transactions and local exchanges.

The case is being coordinated with a U.S. federal law enforcement operation. Previously, Tomar was arrested by the FBI in the United States and sentenced to 60 months in prison for conspiracy to commit wire fraud. The Indian ED stated that crucial evidence has been obtained through international judicial cooperation, and 129 bank accounts and approximately ₹6.455 billion in assets related to the case have been frozen. The funds and properties involved in the case are currently undergoing further recovery and confiscation proceedings.