Hyderabad Crypto Job Fraud: Cyber Crime Police Arrest Accused in ₹17 Crore USDT Scam
Hyderabad Cyber Crime Police arrest accused in crypto job fraud involving $21,04,089 USDT stolen through fake KYC website Trontag.org.
The Hyderabad Cyber Crime Police crypto fraud case has uncovered a major online scam where fraudsters stole $21,04,089 USDT (over ₹17 crore approx.) from a victim using a fake cryptocurrency verification website.
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The accused allegedly used a malicious website, Trontag.org, posing as a KYC verification platform to gain access to the victim’s crypto wallet.
How the Fraud Happened
According to the complaint filed by a 44-year-old resident of Kalyan Nagar, Hyderabad, the fraud began when unknown persons contacted him to buy USDT cryptocurrency.
Sequence of events:
- Victim was asked to complete KYC verification
- Directed to fake website Trontag.org
- Wallet connected for verification
- Malicious smart contract enabled
- Funds automatically transferred to accused wallet
The victim later realized that the entire crypto balance had been transferred without his knowledge.
Accused Arrested in Crypto Scam
During the investigation, police identified and arrested the accused persons allegedly involved in the Hyderabad crypto job fraud case.
Arrested persons include:
- Sushim Shripati Gaikwad (Pune)
- Srikanth (Hyderabad)
- Lucky Choudhary (Jaipur) – accused of designing the fake website
Police said the group operated in an organized manner and targeted multiple victims across India.
Seized Evidence
Officials seized electronic devices used in the fraud:
- 4 mobile phones
- 2 laptops
Further investigation is ongoing to trace additional suspects.
Modus Operandi of the Crypto Fraud
Police explained the typical method used by the gang:
- Contact victims posing as crypto buyers
- Share fake KYC verification link
- Ask victim to connect wallet
- Activate malicious contract
- Transfer funds automatically
Public Advisory Issued by Police
Cyber Crime Police urged the public to remain cautious.
Safety tips:
- Never connect crypto wallets to unknown websites
- Verify URLs carefully
- Use trusted exchanges only
- Enable two-factor authentication
- Report cyber fraud immediately via 1930 or official cybercrime portal
Investigation Continues
The Hyderabad Cyber Crime Police crypto fraud case highlights the growing risk of digital financial scams and the need for awareness among cryptocurrency users.
Police confirmed that further investigation is underway to identify additional accused and recover stolen funds. The arrests in the Hyderabad crypto job fraud case serve as a strong warning against online scams targeting investors.
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