India crypto scam checker. Verify if any cryptocurrency project, exchange, or wallet is a confirmed scam. Database of 500+ known Indian crypto frauds, rug pulls, and Ponzi schemes.
India has seen a dramatic increase in cryptocurrency scams — Indian investors lost over ₹1,000 crore to crypto fraud in 2023–24. CryptoSyntix Scam Alert helps you verify any project before investing, with a database of 500+ confirmed Indian crypto fraud cases.
Use CryptoSyntix Scam Checker: type the coin or project name and we cross-reference against 500+ confirmed Indian crypto fraud cases. Also check: Is the team doxxed (identities verified)? Is the contract audited by CertiK/SlowMist? Is it listed on CoinGecko/CoinMarketCap? Has the community been active for 6+ months?
Immediate steps: 1) File complaint at cybercrime.gov.in (National Cyber Crime Reporting Portal) with transaction IDs. 2) Report to SEBI at scores.sebi.gov.in. 3) File FIR at your local police cyber cell. 4) Contact your bank immediately if INR was transferred via bank. 5) Document everything — screenshots, transaction records, chat logs.
Yes. GainBitcoin was India's largest crypto Ponzi scheme. Its founder Amit Bhardwaj was arrested in 2018. The scheme defrauded approximately 8,000 Indian investors of an estimated ₹2,000 crore. Always verify projects at CryptoSyntix Scam Alert before investing.
Crypto recovery is extremely difficult — blockchain transactions are irreversible. Report immediately to cybercrime.gov.in and local police. For recent scams, law enforcement may be able to freeze exchange accounts. Beware of "crypto recovery" services — most are secondary scams. Legal action through civil courts is possible but slow.
Regulated Indian exchanges — CoinDCX, WazirX, Zebpay, CoinSwitch — are registered with FIU-India and follow KYC/AML norms. They are safer than unregulated global platforms. Always enable 2FA, use strong passwords, and never share OTPs. Keep large holdings in hardware wallets, not exchanges.