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Zerodha CEO warns of new part-time job scam after friend loses ₹5 lakh

  • Zerodha CEO Nithin Kamath warns of cryptocurrency scam after someone he knows lost Rs 5 lakh through a sophisticated fraud.
  • The scam started with a part-time job offer on WhatsApp and later led to trading on a mock crypto platform, where fake crypto tokens were used to manipulate prices.
  • The victim was lured into transferring real money to generate higher returns and was unable to withdraw the money due to the fraudsters' manipulations.
  • The incident highlights the need to create awareness about sophisticated scams and the importance of being cautious while dealing with cryptocurrency.

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