Crypto Currency

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ED Conducts Search At Mumbai Based WazirX Crypto Currency Partner

The Enforcement Directorate (ED) conducted searches on one of the Directors of Mumbai-based M/s Zanmai Lab Pvt Ltd, which owns the popular cryptocurrency exchange WazirX. Notably, the raid was in view of assisting accused Instant Loan APP Companies in alleged laundering of fraud money via purchase and transfer of virtual crypto assets. Furthermore, ED also issued to freeze their bank balances amounting to Rs 64.67 crore.

Fri, 05 Aug 2022 - 08:22 PM / by Varsha Joshi

Tags: Crypto Currency, WazirX, Enforcement Directorate, MONEY LAUNDERING, Instant Laon, search