The law enforcement agency managed to track the funds linked to the E-Nugget scam app to different crypto exchanges and, with their help, seized over $10.5 million in crypto assets.
The Enforcement Directorate (ED), an Indian law enforcement agency, seized 90 crores INR ($10.5 million) from an online scam app called E-Nuggets with the help of crypto exchanges such as Binance, ZebPay and WazirX.
According to a report published by the Hindu, the online gaming app E-Nugget had cryptocurrencies worth $10 million stored in 70 different crypto wallet accounts spread across the three crypto exchanges.
The ED contacted these exchanges to block the wallet addresses and transfer the crypto assets to the agency’s wallet.