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Enforcement Directorate – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 20 Oct 2024 06:46:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Enforcement Directorate – DIGIT INFO https://www.digit.info 32 32 Bollywood Star Linked to Crypto Scam? India Probes Deeper Into Betting Allegations https://www.digit.info/bollywood-star-linked-to-crypto-scam-india-probes-deeper-into-betting-allegations/ Sun, 20 Oct 2024 06:46:23 +0000 https://www.digit.info/bollywood-star-linked-to-crypto-scam-india-probes-deeper-into-betting-allegations/ Read more]]> Bollywood Star Linked to Crypto Scam? India Probes Deeper Into Betting AllegationsBollywood actress Tamannaah Bhatia is reportedly under investigation by India’s Enforcement Directorate (ED) for her alleged role in promoting the “HPZ Token” platform, which is accused of defrauding investors through cryptocurrency schemes. Authorities are probing her potential endorsement of the scam and her promotion of illegal betting-linked IPL content. Bhatia’s involvement remains unclear, but the […]

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Indian Authority Arrests Man in Crypto Extortion Case https://www.digit.info/indian-authority-arrests-man-in-crypto-extortion-case/ Sun, 18 Aug 2024 02:30:05 +0000 https://www.digit.info/indian-authority-arrests-man-in-crypto-extortion-case/ Read more]]> A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144 million), according to the Enforcement Directorate (ED). Bhatt was taken into custody following a money-laundering probe initiated by the ED based on FIRs filed by […]

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Indian Authority Freezes 150 Bitcoins Held at Binance Crypto Exchange https://www.digit.info/indian-authority-freezes-150-bitcoins-held-at-binance-crypto-exchange/ Sun, 13 Nov 2022 07:30:59 +0000 https://www.digit.info/2022/11/13/indian-authority-freezes-150-bitcoins-held-at-binance-crypto-exchange/ Read more]]> Indian Authority Freezes 150 Bitcoins Held at Binance Crypto ExchangeIndia’s Enforcement Directorate (ED) says that it has frozen 150.22 more bitcoins held at cryptocurrency exchange Binance. The freeze is part of an investigation into mobile gaming application E-nuggets, which was designed to defraud the public, the ED said. India Freezes More Bitcoins at Binance India’s Enforcement Directorate (ED) announced Friday that it has frozen […]

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A16z-backed CoinSwitch exchange raided over alleged forex law breaches https://www.digit.info/a16z-backed-coinswitch-exchange-raided-over-alleged-forex-law-breaches/ Fri, 26 Aug 2022 01:27:29 +0000 https://www.digit.info/2022/08/26/a16z-backed-coinswitch-exchange-raided-over-alleged-forex-law-breaches/

The Andreessen Horowitz-backed crypto exchange is the latest on the Enforcement Directorate’s anti-money laundering hit list.

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India Freezes Peter Thiel-Backed Vauld’s Crypto and Bank Assets Worth $46 Million https://www.digit.info/india-freezes-peter-thiel-backed-vaulds-crypto-and-bank-assets-worth-46-million/ Sat, 13 Aug 2022 02:00:01 +0000 https://www.digit.info/2022/08/13/india-freezes-peter-thiel-backed-vaulds-crypto-and-bank-assets-worth-46-million/ Read more]]> India Freezes Peter Thiel-Backed Vauld's Crypto and Bank Assets Worth $46 MillionIndia’s Enforcement Directorate (ED) has frozen crypto exchange Vauld’s crypto and bank assets worth about INR 370 crore ($46,439,181). Vauld halted deposits and withdrawals last month. The Indian law enforcement agency is reportedly investigating more than 10 cryptocurrency exchanges. Indian Authority Freezes Another Cryptocurrency Exchange’s Assets The Enforcement Directorate (ED), a law enforcement and economic […]

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Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting Scammers https://www.digit.info/indian-crypto-trader-arrested-for-allegedly-using-usdt-to-launder-money-on-behalf-of-chinese-online-betting-scammers/ Mon, 14 Dec 2020 12:30:05 +0000 https://www.digit.info/2020/12/14/indian-crypto-trader-arrested-for-allegedly-using-usdt-to-launder-money-on-behalf-of-chinese-online-betting-scammers/ Read more]]>

Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting ScammersAn Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams. The arrest was made after the country’s Enforcement Directorate (ED) detected large amounts of money “being inexplicably transferred to some cryptocurrency traders.” In addition to Kothari’s arrest, the ED conducted […]

The post Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting Scammers appeared first on Bitcoin News.

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