India's Enforcement Directorate searches CoinDCX and Delta Exchange over offshore trades
REGULATIONBinancecoinbrief/daily · 2 sources
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What happened
The Enforcement Directorate has searched CoinDCX and Delta Exchange, alleging that both routed Indian users' trades to offshore exchanges including Binance and Bybit. The agency says this was done through a Costa Rican shell entity. The article does not give details of any charges or the companies' responses.
For IT people · Written by AI from 2 sources · Wrong?
What to do
- Watch for any official statement from CoinDCX or Delta Exchange responding to the allegations.
- Watch for any charges or further action announced by the Enforcement Directorate.
Written by AI from the sources, checked against them
Full story timeline · 2 updates
Who reported · 2 outlets
DecryptCryptoPotato
Who and what is in it
Government agencies