Gujarat Cops Bust ₹200 Crore Crypto Laundering Racket

• Police in Gujarat have cracked down on a massive ₹200 crore money laundering scheme tied to a global cybercrime network. According to reports from The Times of India, highlighted by Bitinning, authorities arrested six people running a sophisticated operation that funneled dirty money to Dubai using both traditional banking and cryptocurrency.

BREKING: 🇮🇳Gujarat cops have busted a ₹200 crore money laundering racket linked to an international cybercrime network.

Funds were routed through bank accounts & crypto to a Dubai-based syndicate. pic.twitter.com/NAGwhyzPgF

— Bitinning (@bitinning) November 4, 2025

• The suspects used digital payment systems and crypto wallets to hide where the money came from. This case shows how criminals are increasingly turning to crypto-based laundering, taking advantage of weak international rules and blockchain’s built-in anonymity. Without stronger compliance standards and better cooperation between countries, law enforcement will keep struggling to track these digital crimes.

• Investigators believe the gang laundered about ₹200 crore (roughly $24 million), likely from online scams and phishing schemes. To fight back, regulators are looking at tougher Know Your Customer (KYC) and Anti-Money Laundering (AML) rules for crypto exchanges. This might include requiring reports for large transactions and linking platforms to government verification systems. Financial experts are also pushing for better teamwork between banks and blockchain tracking companies to spot suspicious crypto activity.

• This bust is part of India’s growing battle against cyber financial crime, highlighting the struggle to keep regulations in sync with fast-moving digital innovation. The government recently expanded the Prevention of Money Laundering Act (PMLA) to cover crypto intermediaries, showing a clear push for more transparency. The Gujarat case will likely speed up regulatory changes and bring closer cooperation between the Reserve Bank of India (RBI), the Financial Intelligence Unit (FIU), and local police.

As Bitinning noted: Gujarat cops have busted a ₹200 crore money laundering racket linked to an international cybercrime network. Funds were routed through bank accounts and crypto to a Dubai-based syndicate.

• The discovery underscores the urgent need for global coordination on crypto rules as digital assets become more entangled with criminal finance.