India's Enforcement Directorate has frozen approximately ₹10.86 crore ($1.27 million) in assets linked to a major cryptocurrency and real estate fraud case.



The seized assets include:
• Real estate holdings worth ₹6.06 crore ($710,000)
• Ramifi tokens valued at ₹4.79 crore ($560,000)

Investigations reveal the accused defrauded over 20 victims of roughly ₹26.54 crore ($3.1 million) through a coordinated scheme involving fake property sales and fraudulent promises of cryptocurrency returns.

This case underscores the risks of unverified investment schemes blending real estate and digital assets. Always verify investment opportunities through official channels and be cautious of guaranteed return promises in the crypto space.
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