Vikram Vishnoi laundered ₹8 lakhs through Binance. His actions were linked to the defrauding of a software engineer, demonstrating cryptocurrency’s growing role in cybercrime. The arrest by Indian authorities underscores the misuse of digital currencies in fraudulent activities.
Vishnoi collaborated with Chinese nationals using Telegram for communication. He facilitated fraud transactions in cryptocurrency, transferring funds to a person known as TLX. This case highlights cryptocurrency’s potential misuse in financial crimes, emphasizing its role in international cyberfraud.