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ETtech Weekend Briefing: 'Crypto' scams and K-pop fans Want this newsletter delievered to your inbox? SUBSCRIBE We'll soon meet in your inbox. / Unwrapped Good morning, Our main story today is so utterly, madly, pandemically bizarre that we've decided to skip our usual introduction and get right to it. We will let Ashwin Manikandan, our in-house fintech expert and one of the reporters of the story, take over from here. Strap in. Welcome to your dystopia, please enjoy your stay “What TF is happening with ARMY Twitter…”, a fan of Korean boy band BTS tweeted a few weeks ago. The tweet w...

A 'crypto' scam is brewing on Twitter, and social media at large SECTIONS Share Synopsis ETtech (Illustration: Rahul Awasthi/ETtech) Two weeks ago, a Mumbai-based fan of the Korean pop (K-pop) band BTS realised that she and her connections had been inadvertently following a cryptocurrency account on Twitter. ETtech SUBSCRIBE We'll soon meet in your inbox. Please wait...Over the next few days, cryptocurrency-related posts began to show up on the timelines of ARMY—Adorable Representative MC for Youth, the term associated with millions of BTS fans. The BTS fans also noted that quite a few cr...

Lawsuit Filed to Stop a Global Cryptocurrency Scam Spreading in India A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. T he Delhi court has directed a notice to be placed in major newspapers, seeking victims of this scam to come forward. Class-Action Lawsuit to Stop a Crypto Scam in India A representative lawsuit has reportedly been filed in order to stop a cryptocurrency scam from continuing to dupe...