Cointime update: India’s Enforcement Directorate said its Bengaluru unit searched three premises linked to Neblio Technologies, which operates CoinDCX, and Excelium Technologies, which operates Delta Exchange, on November 7. The searches were conducted under the Foreign Exchange Management Act (FEMA) in a case involving alleged large-scale unauthorized cross-border financial transactions tied to crypto token derivatives and real-world asset (RWA) tokens.
India ED Searches 3 Sites Linked to CoinDCX and Delta Exchange Over FEMA Probe
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