币界网报道：A Bengaluru-based businessman lost nearly 2 crore rupees (approximately $240,000) in a sophisticated cryptocurrency heist, highlighting growing security concerns in India’s digital asset space. The victim, who runs an IT firm, reported unauthorized transactions from his crypto wallet over several days, draining funds stored in Bitcoin and Ethereum. Police suspect phishing or malware infiltration, as the businessman recalled clicking suspicious links before the theft. Investigations revealed the stolen crypto was funneled through multiple wallets, complicating recovery efforts. Cybercrime experts warn that such incidents are rising as crypto adoption grows, urging users to enable two-factor authentication and avoid unverified platforms. The case underscores India’s lack of clear crypto regulations, leaving victims with limited legal recourse. Authorities are collaborating with blockchain analytics firms to trace the funds, but recovery remains uncertain. Meanwhile, industry advocates call for stricter security standards and investor education to curb fraud in India’s burgeoning crypto market.