More than forty people who got scammed have complained about the exchange to the Delhi police. I've never come across the exchange named Pluto. This exchange has got almost seven executives who are the team. It is a new kind of trap, because with the people who doesn't have much knowledge about cryptocurrency they've mentioned about creating their own cryptocurrency and assured of 30% - 40% return monthly. This has made more users to invest and finally ended as a trap, and the office have got relocated to Dubai closing the office in India.
Crypto is greatly affected by these scams. Some people thought bitcoin itself or crypto in general is scam due to similar incidents scamming people and left with nothing. We can lessen this from happening and it will start from ourselves by conducting a research and not greedy to earn.
Thats why its important to have knowledge in any kind of investment we're getting in not only in crypto. Scams are everywhere and if you can be easily convince then you might end up one of their victim.