China's Xiaomi says will protect business interests after assets frozen in India

MUMBAI - Chinese smartphone maker Xiaomi (OTC:XIACF) Corp on Sunday said it was "disappointed" with an Indian order that froze $682 million of its assets and would continue to protect its...

WazirX Confirm 40% Staff Cuts Amid Market Downturn

Indian cryptocurrency exchange WazirX has confirmed that it has laid off 40% of its staff as the bear market continues to take its toll. Cryptocurrency exchange WazirX has announced that it has...

Crypto Weekly Roundup: Do Kwon Wanted, Solana Outage, And More

Another eventful week in crypto - the Do Kwon situation has developed so much more with the Interpol slapping a red notice on the founder and reports emerging that he attempted to withdraw crypto...

Indian Law Enforcement Agency Confiscated $1.2 Million In A Scam

India’s financial watchdog, Enforcement Directorate (ED), confiscated $1.2 million in an investigation of a fraud scheme relying on an App-based token, HPZ. Per an official press release published...

DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report

Major decentralized exchange Uniswap (UNI) is in the early stages of raising significant funds to further expand its decentralized finance (DeFi) offerings, according to a new report. Uniswap...

India financial crime unit cites ‘Chinese-controlled entities’ in alleged crypto fraud

India’s financial crime fighting agency has frozen US$1.2 million in account balances of various “Chinese-controlled entities” as part of an investigation related to alleged crypto fraud with an...

India Freezes Bitcoin at Binance Amid Investigation Involving Crypto Exchange Wazirx

India’s Enforcement Directorate (ED) says it has frozen more than 77.6 bitcoins that were transferred to Binance from Indian crypto exchange Wazirx. The freeze is part of a money laundering...

India’s Enforcement Directorate Freezes $1.5 Million Of BTC

The Enforcement Directorate (ED), one of India’s premier law enforcement and economic intelligence agencies, has frozen cryptocurrency worth around $1.5 million.  The cryptocurrency was frozen in...

India searches premises, freezes bank accounts in ongoing Free Fire investigation

India’s financial crime fighting agency searched the premises of Coda Payments India, distributor of Sea’s Free Fire, as part of an investigation. The Enforcement Directorate said in a tweet...

Crypto Exchange WazirX Says ED Has Unfrozen Its Bank Account

Indian cryptocurrency exchange WazirX on Monday said that India’s Enforcement Directorate (ED) has unfrozen its bank accounts after the exchange’s “active cooperation” and “active anti-money...

India’s Enforcement Directorate Unfreezes Crypto Platform WazirX’s Assets

India’s federal Enforcement Directorate (ED) has now unfrozen crypto exchange WazirX’s assets. Last year, ED undertook an investigation into the crypto platform as it suspected violations of...

India’s Financial Watchdog Unfreezes WazirX Accounts After Exchange Cooperates

India’s financial watchdog has unfrozen the bank accounts of one of the country’s largest cryptocurrency exchanges after it cooperated with investigations. The federal Enforcement Directorate (ED)...

India: WazirX’s bank accounts unfrozen by Enforcement Directorate

Indian cryptocurrency trading platform WazirX revealed today that the Enforcement Directorate (ED) has unfrozen its bank accounts after its investigation. It is after nearly a month that the...

WazirX Announces that India’s ED Unfroze Bank Accounts

Crypto fanatic, writer and researcher. Thinks that Blockchain is second to a digital camera on the list of greatest inventions. The crypto exchange also distanced its operations with any of the...

Indian Authorities Unfreezes WazirX Bank Accounts, Resumes Normal Operations

WazirX Resumes Normal Operations after India’s ED ‘Unfreezes’ its Bank Accounts India’s Enforcement Directorate (ED) has lifted the freeze on WazirX’s bank accounts, the cryptocurrency exchange...

Crypto: WazirX’s bank accounts released by India’s ED

Crypto Exchange WazirX’s bank accounts have been unfrozen by India’s law enforcement and economic intelligence agency, the Enforcement Directorate.…

Binance-linked crypto exchange WazirX says India's Enforcement Directorate has “unfrozen” or restarted its bank...

India's Enforcement Directorate has "unfrozen" or restarted the business bank account of crypto exchange WazirX more than a month after it was frozen by the agency, the company said on...

India's Enforcement Directorate searched the offices of Paytm, Razorpay, and Cashfree on Friday as part of an...

India’s financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday as part of an ongoing investigation into fraudulent Chinese loan...

Indian agency searches fintech Paytm, Razorpay and Cashfree offices in Chinese loan apps probe

India’s financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday as part of an ongoing investigation into fraudulent Chinese loan...

Coinbase-Backed Crypto Exchange Cooperating With Investigators After Offices Searched by Authorities: Report

India’s leading crypto app is reportedly cooperating with authorities after law enforcement officers searched its premises this week. Reuters reports that agents from the Enforcement Directorate...

India freezes assets of Binance-linked WazirX

India's financial crime-fighting agency said on Friday it had frozen the assets of WazirX. The federal Enforcement Directorate (ED) said that it froze assets worth 646.70 million rupees ($8.16...

Xiaomi is the latest big Chinese company to face the heat in India

India seizes more than $700 million from one of China's biggest tech companies. India's Enforcement Directorate accused the Indian subsidiary of smartphone maker Xiaomi of violating foreign...

India seizes $725 million from Xiaomi

India has seized assets worth approximately $725 million from Xiaomi India. The country’s anti-money laundering agency found the subsidiary had broken local foreign exchange laws. The money went...

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