- India’s Enforcement Directorate is investigating “several” crypto cases for money laundering schemes.
- To date, the Ministry of Finance has seized $115.5 million in such crimes.
- This is part of a series of crackdowns by authorities on the nascent crypto space.
- The Indian crime fighting agency has taken other action to regulate the crypto space.
India Investigates Crypto Cases for Money Laundering and Seizes Over $115 Million