आईसीटी समाचार
Pakistan's federal investigative agency (FIA) has issued an official notice to Binance, a cryptocurrency exchange that has been linked to a huge fraud. The FIA will look into allegations from Binance consumers who claim the crypto exchange forced them to transfer assets to unknown third-party wallets. People are thought to have lost over $100 million as a result of the hoax. A notification has also been sent to Binance's headquarters in the British-controlled Cayman Islands, requesting answers. The notification was sent to Hamza Khan, the general manager and growth analyst of the Binance business in Pakistan.
According to a report by Pakistan's Dawn News, investigators have requested Khan to explain the company's links to "fraudulent online investing mobile applications." During an initial investigation, Pakistani officials discovered eleven fraudulent applications that were illegally collecting payments from users. These applications' names are a jumble of abbreviations that may or may not imply anything. HFC, MCX, HTFOX, BB001, and AVG86C are just a few of the programs available. Later, the con artists enticed investors to join Telegram channels where they were promised "professional betting recommendations." According to sources, each of these fraudulent Telegram channels housed up to 5,000 users.
The crypto exchange has stated that it would fully cooperate with authorities in this investigation. According to a report by The News, FIA cybercrime wing Additional Director Imran Riaz revealed to the media in a statement that Binance contacted them and assured cooperation. Binance Pakistan has also issued a statement on Twitter, offering cooperation but stating that it would not be commenting on the topic. Binance was founded in 2017 and is headquartered in China. When China tightened the noose on cryptocurrency activity, the business relocated to Cayman Island.
It is not, however, the only cryptocurrency exchange now facing legal action in Asia. In India, a number of crypto exchanges have recently run into difficulties. India began an inquiry against a number of cryptocurrency exchanges earlier this month, including CoinSwitch Kuber, CoinDCX, WazirX, and Unocoin, for allegedly dodging taxes. Scammers have been active in the crypto industry, as evidenced by various publications and an increasing number of incidents.
