Cryptocurrency News

A16z-backed CoinSwitch exchange raided over alleged forex law breaches

2022.08.26 06:14

A16z-backed CoinSwitch exchange raided over alleged forex law breaches
A16z-backed CoinSwitch exchange raided over alleged forex law breaches

Major Indian crypto exchange CoinSwitch Kuber had five of its premises searched by anti-money laundering agents on Thursday over alleged violations of forex laws.

According to an Aug. 25 report from Bloomberg, India’s Enforcement Directorate searched CoinSwitch Kuber’s offices as well as the residences of its directors and CEO Ashish Singhal.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,746.92 2.31%
ethereum
Ethereum (ETH) $ 1,846.90 2.77%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.23 1.01%
bnb
BNB (BNB) $ 600.28 0.14%
solana
Solana (SOL) $ 150.81 2.68%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.181997 5.25%
cardano
Cardano (ADA) $ 0.710763 3.76%
tron
TRON (TRX) $ 0.245273 0.57%
staked-ether
Lido Staked Ether (STETH) $ 1,847.64 2.93%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,657.90 2.29%
sui
Sui (SUI) $ 3.65 4.90%
chainlink
Chainlink (LINK) $ 14.87 3.88%
avalanche-2
Avalanche (AVAX) $ 21.66 2.70%
stellar
Stellar (XLM) $ 0.275539 1.12%
leo-token
LEO Token (LEO) $ 9.02 0.44%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 2.74%
the-open-network
Toncoin (TON) $ 3.21 0.67%
hedera-hashgraph
Hedera (HBAR) $ 0.188689 3.07%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,215.15 2.72%
usds
USDS (USDS) $ 1.00 0.00%
bitcoin-cash
Bitcoin Cash (BCH) $ 363.62 0.60%
litecoin
Litecoin (LTC) $ 90.45 7.56%
hyperliquid
Hyperliquid (HYPE) $ 20.03 5.33%
polkadot
Polkadot (DOT) $ 4.21 2.49%
weth
WETH (WETH) $ 1,845.17 2.71%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.04%
bitget-token
Bitget Token (BGB) $ 4.39 1.21%
monero
Monero (XMR) $ 276.69 0.13%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
whitebit
WhiteBIT Coin (WBT) $ 29.28 1.13%
pi-network
Pi Network (PI) $ 0.601975 2.52%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,967.29 2.76%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 96,750.92 2.40%
pepe
Pepe (PEPE) $ 0.000009 1.14%
aptos
Aptos (APT) $ 5.54 3.43%
dai
Dai (DAI) $ 1.00 0.01%
uniswap
Uniswap (UNI) $ 5.37 0.92%
bittensor
Bittensor (TAO) $ 363.53 2.89%
near
NEAR Protocol (NEAR) $ 2.58 4.58%
okb
OKB (OKB) $ 51.74 1.20%
susds
sUSDS (SUSDS) $ 1.05 0.00%
ondo-finance
Ondo (ONDO) $ 0.918969 0.83%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
gatechain-token
Gate (GT) $ 21.84 0.61%
aave
Aave (AAVE) $ 175.09 5.81%
internet-computer
Internet Computer (ICP) $ 4.95 0.62%
ethereum-classic
Ethereum Classic (ETC) $ 16.98 2.13%
official-trump
Official Trump (TRUMP) $ 12.84 0.10%