India's ED Raids CoinDCX and Delta Over Alleged Unauthorized Cross-Border Transactions

According to ChainCatcher, India's Enforcement Directorate (ED) conducted raids on CoinDCX and Delta, accusing them of unauthorized cross-border transactions.

CoinDCX said it is cooperating with the inquiry, is registered with FIU-IND, and complies with foreign exchange regulations. The exchange stated its trading and deposit-withdrawal services are operating normally.

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