ED on alert after Delhi firm sells Rs 1,858 crore on crypto exchanges
A Delhi-based company raised concerns at the Enforcement Directorate and Crime Branch of Delhi police by selling over Rs 1,858 crore worth of crypto currencies on exchanges. An investigation uncovered illegal foreign remittances amounting to over Rs 3,500 crore, leading to arrests and revelations of a hawala racket involving black money transfers to offshore accounts.
A Delhi-based company raised concerns at the Enforcement Directorate and Crime Branch of Delhi police by selling over Rs 1,858 crore worth of crypto currencies on exchanges. An investigation uncovered illegal foreign remittances amounting to over Rs 3,500 crore, leading to arrests and revelations of a hawala racket involving black money transfers to offshore accounts.
