Business

ED Freezes Rs 370 Crore Of Crypto Exchange Vauld

By
OB Bureau

New Delhi: The Enforcement Directorate (ED) on Thursday froze assets worth Rs 370 crore of cryptocurrency exchange Vauld.

A few days earlier, ED had frozen assets of cryptocurrency exchange WazirX in connection with a money-laundering probe. Global crypto exchange Binance has closed off-chain fund transfers with WazirX.

WazirX is being investigated for outward remittance of crypto assets worth Rs 2,790 crore to unknown wallets.

ED is conducting a money laundering investigation against

A number of Non-Banking Financial Company (NBFC) companies and their fintech partners are under ED scanner for violating RBI guidelines and using tele-callers who misuse personal data and use abusive language to extort high interest rates from the loan takers.

OB Bureau

Recent Posts

OHRC Seeks Report From Odisha Govt On Mango Kernel Deaths In Kandhamal

Bhubaneswar: The Odisha Human Rights Commission (OHRC) has sent notices to Secretaries of Food &…

November 7, 2024

Why Are Kartik Aaryan’s Parents Scared Of Bollywood?

New Delhi: Even as his recently-released horror comedy ‘Bhool Bhulaiyaa 3’ continues to mint money…

November 7, 2024

How Delhi Police Cracked Gangrape Of Odisha Researcher; Cop In Guise Of Social Worker, Footage Of 700 CCTVs

New Delhi/Bhubaneswar: After over 20 days of investigation and analysing more than 700 CCTV cameras,…

November 7, 2024

‘No Notification Exists’: HC Closes Plea Against 1988 Ban On Salman Rushdie’s ‘The Satanic Verses’

New Delhi: The Delhi High Court has closed proceedings on a petition challenging the Rajiv…

November 7, 2024

Criticised For Touching His Wife’s Feet, Vikrant Massey Gives It Back To Trollers

Mumbai: ‘12th Fail’ actor Vikrant Massey recently got trolled after pictures of him touching his…

November 7, 2024

Threat Call: Was Shah Rukh Khan Targeted For His Deer-Hunting Dialogue In ‘Anjaam’?

Mumbai: Mumbai Police swung into action immediately after Bollywood superstar Shah Rukh Khan received a…

November 7, 2024

[Watch] Snowfall In Desert For The First Time!

Dubai: The effects of global climate change are being seen in various manifestations across the globe.…

November 7, 2024

Police Case Against Websites Selling T-Shirts With Photos Of Dawood, Bishnoi

Mumbai: When criminals are idolised and used for commercial purposes, police are bound to take action.…

November 7, 2024