ED flags CoinDCX accounts as ₹285 Crore ($32m) crypto-fraud trail emerges

India’s Enforcement Directorate (ED) has raised its investigation into a nationwide cyber-fraud operation after identifying a large money-laundering network that routed criminal proceeds through traditional banking channels and cryptocurrency platforms. The agency’s Hyderabad Zonal Office has attached ₹8. 46 crore held across 92 bank accounts, including financial balances connected to CoinDCX and a selection of crypto […] source: https://www.cryptopolitan.com/ed-flags-coindcx-accounts-%e2%82%b9285-crypto-fraud/