COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- India’s enforcement authority has seized approximately $10.5 million from an online scam app, E-Nuggets, with the assistance of major cryptocurrency exchanges.
- The scam app lured customers with high return promises, posing as a gaming platform, but shut down operations once investments were made.
- Binance, the world’s largest cryptocurrency exchange, is preparing to re-enter the Indian market after agreeing to pay a $2 million fine.
India’s enforcement authority cracks down on a crypto scam, seizing $10.5 million with the help of major exchanges, while Binance prepares to re-enter the Indian market.
India’s Enforcement Authority Busts E-Nuggets Scam
India’s enforcement authority has seized roughly $10.5 million from an online scam app called E-Nuggets. The crackdown involved major cryptocurrency exchanges like Binance, ZebPay, and WazirX, which helped identify and block the crypto wallet accounts linked to the scam. The E-Nuggets app allegedly attracted customers with promises of high returns on investments, posing as a gaming platform. However, once the investments were made, the app shut down operations, effectively trapping the investors’ funds.
Investigation and Seizure
The investigation into the E-Nuggets app began in 2022 when suspicious transactions involving digital assets were noted. This led to the uncovering of around 2,500 dummy bank accounts and the seizure of assets worth over $19.5 million, which included cash, cryptocurrencies, account balances, and office properties. The brains behind the scam, Aamir Khan, and his accomplice Romen Agarwal, have been arrested and are currently in custody.
Binance’s Return to the Indian Market
Binance, the world’s largest cryptocurrency exchange, is preparing to re-enter the Indian market after agreeing to pay a $2 million fine. The fine comes as a resolution to compliance issues that led to Binance’s removal from the Apple Store in India earlier this year. Following the fine, Binance plans to re-establish itself as an FIU-registered entity, fully compliant with Indian regulations, including anti-money laundering and taxation laws.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Conclusion
The busting of the E-Nuggets scam highlights the importance of regulatory oversight in the cryptocurrency industry. As Binance prepares to re-enter the Indian market, the focus on compliance with local regulations underscores the need for exchanges to operate transparently and responsibly. This development serves as a reminder for investors to exercise caution when dealing with digital assets.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |