WazirX’s statement after ED raid, company’s business going on as usual

The Enforcement Directorate (ED) said on Friday that it has recently frozen a bank balance of Rs 64.67 crore by raiding a director of crypto exchange ‘WazirX’. Now it has been reiterated by WazirX that the operations of the company are going on as normal and the work related to the withdrawal of crypto and … Read more

ED investigating money laundering of Rs 2,790 crore against crypto exchange WazirX

Last month, the Enforcement Directorate (ED) sent summons to some crypto exchanges. The summons was issued for allegedly violating the rules of money laundering and foreign exchange. The exchanges whose names appeared included CoinDCX, WazirX and Coinswitch Kuber. Now Minister of State for Finance Pankaj Choudhary has said that the ED is probing the alleged … Read more