India's Enforcement Directorate Searches Bengaluru Firms in $260 Million Crypto Transfer Probe
cryptocrypto-regulationworldindiabusinesslaw 2 posts · 2 accounts
Firms in Bengaluru were searched by India's Enforcement Directorate in an investigation into alleged crypto-linked cross-border money transfers estimated at more than Rs 2,500 crore. Another report put the transfers above $260 million.
From the sources (2 posts)
@cointelegraph🇮🇳 BUSTED: India's Enforcement Directorate has raided Bengaluru firms over alleged crypto-linked transfers exceeding $260 million.
@economictimesED searches Bengaluru firms over alleged crypto-linked cross-border money transfers; probe estimates over Rs 2,500 crore