Recently, the Delhi High Court issued an order directing the Ministry of Communications to take down 38 websites impersonating an Indian cryptocurrency investment firm within one week.

This action follows a petition filed by Mudrex, which sought legal recourse against these fraudulent sites after users reported being scammed. This development highlights the growing concern over the surge in scams and hacks affecting the global crypto community.

On August 23, the official page of the Delhi High Court order portal released a directive from Justice Mini Pushkarna, instructing the Ministry of Communications to remove the questionable websites by August 30.

Gadgets360 is currently awaiting a response from the ministry regarding plans to address the proliferation of fraudulent websites on major search engines, including Google and Microsoft.

Mudrex provided evidence demonstrating that its name and other trademarks were being misused by fake websites to deceive users across the country. These impersonators were not only masquerading as Mudrex but also conducting their own operations under the guise of the company's identity.

The petition highlighted that Mudrex had received numerous complaints from individuals who mistook these fraudulent websites for the legitimate crypto platform. Many of these scam sites were offering false work opportunities and had swindled people out of significant amounts of money. Additionally, the fraudulent sites collected sensitive personal information from unsuspecting users, including Aadhar and PAN card details, bank statements, and property documents, resulting in financial loss and damaging Mudrex's market reputation.

The document identified 38 websites that were unlawfully using Mudrex's trademark. Upon discovering these fraudulent sites, Mudrex took proactive measures by issuing advisories through its official accounts on X, LinkedIn, Instagram, and via emails to its users. These advisories urged users to exercise caution when interacting with any websites bearing Mudrex's name, logo, or other identifying marks.

“We are committed to protecting our users and upholding the integrity of our brand. Most platforms in India face this issue, but we wanted to make sure it is addressed and solved for our users. Our focus remains on maintaining the trust of our users and reinforcing our commitment to a safe and reliable platform,” Mudrex CEO Edul Patel said, commenting on the development.