India partners with Google and Facebook to curb crypto pig butchering scams targeting vulnerable groups, such as unemployed youth and financially challenged individuals. These scams exploit quick financial gain desires, leading to significant money laundering and CYBER slavery issues. The collaboration aims to enhance security and prevent fraudulent activities.

The Indian CYBER Crime Coordination Centre (I4C) plays a pivotal role in addressing cybercrime through partnerships with Google and Facebook. This includes flagging illicit apps and phishing schemes. The involvement of these tech giants helps streamline the reporting and blocking of digital fraud, safeguarding users from deception.

Despite challenges, India sees a strong growth trajectory in crypto adoption. The country ranks first in the Chainalysis Global Adoption Index in 2024. India’s enhanced cybersecurity measures, combined with advanced digital payment integration, reflect its commitment to maintaining a secure and prosperous crypto ecosystem.