India’s Enforcement Directorate said on June 15, 2026, that it filed a prosecution complaint under PMLA against Chirag Tomar, five other individuals and two entities in the Coinbase phishing scam. ED said the case traces back to fake websites mimicking Coinbase and more than $20M in stolen crypto.
The case affects victims whose Coinbase credentials, 2FA codes and access details were allegedly captured through spoofed sites. ED said assets were moved to wallets controlled by Tomar and co-conspirators, converted through multiple virtual assets and P2P transactions, with proceeds allegedly routed into bank accounts and property purchases.
The next point to watch is court progress and asset recovery. ED said it has provisionally attached movable and immovable properties worth Rs. 64.55 crore and that further investigation remains under progress, making recovery and laundering evidence the key follow-up.
Source: India Enforcement Directorate.
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