India's ED searches CoinDCX, Delta Exchange offices in Bengaluru over alleged FEMA violations

India's Enforcement Directorate's Bengaluru unit searched three premises linked to crypto exchanges CoinDCX and Delta Exchange over alleged FEMA 1999 violations, involving large-scale unauthorized cross-border financial transactions in crypto token derivatives and real-world asset (RWA) tokens.

Detected & updated continuously · Source: Nebula