India Denies Crypto Payment Claims After Sanmar Herald Hormuz Incident

Tanker at sea near Strait of Hormuz with subtle cryptocurrency symbols, conveying official denial and maritime risk

India has rejected claims that the Indian-flagged tanker Sanmar Herald made cash or cryptocurrency payments to secure passage through the Strait of Hormuz, after social-media posts linked the vessel’s reported April 18 incident to a fake clearance scheme. The Ministry of External Affairs issued a “Fake News Alert”, while the Ministry of Ports, Shipping and […]