India’s Directorate of Enforcement (ED) has arrested Manideep Mago under the Prevention of Money Laundering Act (PMLA), 2002, in connection with an “illegal foreign remittances case” involving cryptocurrency. The investigation uncovered that a Delhi-based company sold cryptocurrencies worth over Rs. 1858 crore ($223 million) on crypto exchanges and made foreign remittances exceeding Rs. 3500 crore. […]News Bytes, Crypto, Cryptocurrency, Directorate of Enforcement, Hawala syndicate, Manideep Mago, Money Laundering, News Bytes – 2Read More

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