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Indian Government Shuts Down Sanmar Herald Crypto Payment Claims

BeInCrypto
The Indian government and Sanmar Shipping Ltd have officially denied reports that the Sanmar Herald tanker paid crypto bribes for safe transit.

Summary

The Indian government, alongside Sanmar Shipping Ltd, has refuted allegations that the vessel Sanmar Herald made cash or cryptocurrency payments to Iranian entities for safe passage through the Strait of Hormuz. Ministry officials and the ship owner confirmed these reports are "fake news," clarifying that no such incident occurred. While there have been reports from maritime risk firms regarding scammers impersonating Iranian authorities to demand Bitcoin or Tether for transit clearance, Indian authorities emphasize that the Sanmar Herald is not involved in any such payment scheme.

(Source:BeInCrypto)