India's Central Bureau of Investigation (CBI) has arrested five individuals involved in a significant cross-border cryptocurrency fraud. The arrests are part of Operation Chakra-V, which targets a criminal network that exploited shell companies and fintech platforms to defraud victims from 2021 to 2023. The suspects allegedly converted stolen funds into cryptocurrencies and transferred them abroad using complex financial routes. The CBI is actively investigating to uncover the full extent of the network and identify further suspects.