ED seizes almost ₹1,000 cr linked to crypto frauds
Shortpedia
Content Team
Image Credit: FPJ
Taxes imposed on cryptocurrency without comment on its legality in the 2022 budget, drove investors away from Indian exchanges towards Binance last year. But this year the government didn't address cryptocurrencies at all. Now the Enforcement Directorate has seized as much as Rs 936 crore linked to crypto trade. The Union Minister of State for Finance has informed that five people have also been arrested in crypto-linked cases.
