Binance Assists Indian Law Enforcement Agency in Fighting Fiewin Game App Fraud
On September 25th, according to an official announcement, the Indian Law Enforcement Bureau (ED) arrested four people in connection with the Fiewin game app fraud, which allegedly cost victims more than $47.60 million. Fiewin app lures users to online gambling and gaming, falsely claiming that it can easily profit.
In close collaboration with Binance's Financial Intelligence Unit (FIU), ED's investigation uncovered the scam's connection to digital wallets.