ED raids Binance, freezes ₹22.82 crore worth of bitcoins

The Enforcement Directorate (ED) has frozen 150.22 bitcoins equivalent to 22.82 crore under PMLA, 2002, following a search operation on Binance Crypto Exchange leading.

The search was conducted in respect to a probe relating to the mobile gaming application, namely E-nuggets. The mobile gaming app was launched with the intention of defrauding users.

[Via]

Download NBW: Short news app created for busy professionals like you

Get NBW App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !

Download NBW App (Android, iOS)

Sign Up for NextBigWhat Newsletter

Daily.