This network used the dark net in their dealing. This network operated virtually and the payments were made via cryptocurrency and crypto wallets.
This not new and it is one the big menace globally. Dark net operates on cryptocurrency. Bitcoin & Monero are the most common mode of payment on the dark web. Such news won't hamper the existing reputation of cryptocurrency in India. Almost every tech savvy Indian is aware of this problem.
The problem arises when news starts floating about cryptocurrency used for money laundering. All these steps by the government of India are focused on this particular issue. It is not easy to track money laundering using cryptocurrency.