- India’s Enforcement Directorate (ED) has conducted searches at five premises linked to popular cryptocurrency trading platform Coinswitch Kuber.
- Citing a person with knowledge of the matter, the publication added without providing specifics that the trading platform is under suspicion of acquiring shares worth over 20 billion rupees ($250 million) in violation of the country’s forex laws.
- A week later, the ED froze crypto and bank assets of Peter Thiel-backed crypto trading and lending platform Vauld totaling more than $46 million.
Indian Authorities Search Crypto Exchange Coinswitch Kuber — CEO Says It’s Not Related to…
