The Enforcement Directorate (ED) on Friday said that it has issued a show cause notice to Crypto-Currency Exchange Zanmai Labs Pvt Ltd (WazirX) and its Directors Nischal Shetty and Sameer Hanuman Mhatre for transactions involving .
ED says accused Chinese nationals had laundered proceeds of crime worth around Rs 57 crore by converting INR deposits into cryptocurrency USDT and then transferring the same to Binance accounts
India s Enforcement Directorate (ED) has sent a show cause notice to WazirX’s founder Nischal Shetty and director Sameer Mhatre. The notice asks the two to
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The ED had initiated FEMA investigation on the basis of the ongoing money laundering investigation into Chinese owned illegal online betting applications.