Indian law enforcement agencies have charged Chirag Tomar in connection with a $20 million Coinbase spoofing scam.

According to Mars Finance, on June 16, the Indian Enforcement Agency (ED) filed an indictment with the PMLA Special Court in Dwarka, New Delhi, formally charging Chirag Tomar and his accomplices with a cryptocurrency phishing scam involving approximately $20 million. The investigation revealed that the group used SEO hijacking and a phishing website resembling "Coinbase Pro" to lure users into entering their account information and further trick them into 2FA verification, thereby remotely transferring victims' cryptocurrency assets. The funds were then split into thousands of wallets and laundered through multiple layers of P2P transactions and local trading platforms. The case is being coordinated with US federal law enforcement actions. Previously, Tomar was arrested by the FBI in the US and sentenced to 60 months in prison for conspiracy to commit wire fraud. The Indian ED stated that it has obtained key evidence through international judicial cooperation and frozen 129 bank accounts and approximately 645.5 million rupees in assets related to the case. Further recovery and confiscation of the funds and properties involved are underway.