Karnataka Study Crypto Regulation Urgent as Cybercrime Losses Soar to ₹2,915 Crore in 2024

Karnataka Study: Crypto Regulation Urgent as Cybercrime Losses Soar to ₹2,915 Crore in 2024

A landmark study by the Centre for Cybercrime Investigation Training and Research of the CID police in Karnataka has sounded the alarm on India’s cybercrime crisis, calling for urgent regulation of cryptocurrency to kerb spiralling losses. According to the study, unveiled at a senior police conference in Bengaluru on Friday, Karnataka recorded a staggering ₹2,915…