🇮🇳 India’s ED Targets CoinDCX and Delta Over Billions in Alleged Unauthorized Overseas Trades
- India's Enforcement Directorate conducted searches at CoinDCX and Delta Exchange India for alleged violations of foreign exchange rules related to unauthorized cross-border crypto transactions, involving billions of rupees.
- The investigation, under the Foreign Exchange Management Act (FEMA), claims CoinDCX moved customer funds overseas for derivatives trading and tokenized shares without authorization, utilizing various foreign exchanges.
- Both exchanges are also under scrutiny for potential conflicts with securities regulations, while CoinDCX faces ongoing security concerns following a significant cyberattack in 2025.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$BTC
#Bitcoin #Crypto
- India's Enforcement Directorate conducted searches at CoinDCX and Delta Exchange India for alleged violations of foreign exchange rules related to unauthorized cross-border crypto transactions, involving billions of rupees.
- The investigation, under the Foreign Exchange Management Act (FEMA), claims CoinDCX moved customer funds overseas for derivatives trading and tokenized shares without authorization, utilizing various foreign exchanges.
- Both exchanges are also under scrutiny for potential conflicts with securities regulations, while CoinDCX faces ongoing security concerns following a significant cyberattack in 2025.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$BTC
#Bitcoin #Crypto
