Uncovers

Delhi Police Uncovers Renewable Energy Fraud; Binance Aids in Tracing Illicit Funds

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Binance, which recently gained FIU approval in India, is collaborating with local law enforcement to investigate crypto-related crimes. In a recent update, Binance announced its involvement with Delhi Police in probing a renewable energy fraud case. As part of this investigation, Rs. 84 lakh (100,000 USDT) has been seized. In a statement issued on October … Read more

ED Uncovers Rs. 600 Crore Crypto Fraud, Seizes Rs. 2.18 Crore in Search Operations

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The Directorate of Enforcement (ED) has conducted a series of search operations across Delhi, Jaipur, and Mumbai, under the provisions of the Foreign Exchange Management Act (FEMA). The operations were part of an investigation into a large-scale cryptocurrency fraud, involving the conversion of crypto assets worth approximately Rs. 600 crore at various Indian crypto exchanges, … Read more