Indian Authority Uncovers Large-Scale Crypto and Hawala Operation, Arrests Key Player



Byte-sized news on the latest topics relating to crypto and technology.India’s Directorate of Enforcement (ED) has arrested Manideep Mago under the Prevention of Money Laundering Act (PMLA), 2002, in connection with an “illegal foreign remittances case” involving cryptocurrency. The investigation uncovered that a Delhi-based company sold cryptocurrencies worth over Rs. 1858 crore ($223 million) on crypto exchanges and made foreign remittances exceeding Rs. 3500 crore. […]



Source link

(Visited 2 times, 1 visits today)

About The Author

You Might Be Interested In

Leave a Reply