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ED Raids 5 Bengaluru Crypto Platforms Over Alleged Illegal Cross-Border Transfers
Inc42 Media·Sunday, 21 June 2026
The Enforcement Directorate (ED) conducted searches at premises linked to five Bengaluru-based crypto platforms in connection with alleged unauthorised cross-border transfers. The raids signal tightening regulatory scrutiny on India's crypto sector.
Why It Matters
If you hold or trade crypto in India, this is a direct signal that regulators are watching closely. It could affect how platforms operate and what services they offer.
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