India Probes CoinDCX, Delta Exchange Over Alleged Offshore Crypto Trading Worth Thousands Of Crores

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India’s Enforcement Directorate (ED) has searched premises linked to crypto exchanges CoinDCX and Delta Exchange in Bengaluru. The agency alleges unauthorised cross-border transactions in crypto derivatives and tokenised assets worth thousands of crores. The ED’s Bengaluru Zonal Office searched three premises on November 4 and 5 under Section 37 of the Foreign Exchange Management Act …