CryptoMediaNamaabout 1 hour ago
ED investigates CoinDCX for crypto routing
4 min read
The Enforcement Directorate searched three Bengaluru premises on November 4-5 regarding CoinDCX and Delta Exchange India for alleged FEMA violations. The agency alleges transactions worth thousands of crores of rupees were routed through a Costa Rican entity using stablecoins like Tether. A separate October investigation examined Mudrex and Saber Money, finding unauthorised transfers exceeding Rs 4,600 crore.
Level
Hype check
Tap to vote and see what everyone thinks.
