The Indian court has ordered the Ministry of Communications to shut down 38 websites that are fraudulently using the name of the encrypted exchange Mudrex.

according to CoinDesk, an Indian court has ordered the Indian Ministry of Communications to shut down 38 websites that were fraudulently using the name of the cryptocurrency exchange Mudrex.

After Mudrex filed a lawsuit in the Delhi High Court, the court ruled on August 23, requiring the Ministry of Communications to execute the order within a week. Previously, Mudrex took legal action after multiple users reported being scammed, with an estimated number of victims reaching 1,000 and losses exceeding $50,000. These scammers impersonated Mudrex employees on Telegram and illegally collected funds through fake websites.