The Enforcement Directorate has seized Rs 4,189.89 crore and arrested 29 people in multiple crypto fraud cases under PMLA. One accused is declared a fugitive economic offender, while authorities strengthen monitoring and investigation of virtual digital asset transactions

New Delhi: The Enforcement Directorate (ED) has investigated several crypto-related cases under the Prevention of Money Laundering (PMLA), attaching, seizing, and freezing proceeds of crime worth Rs 4,189.89 crore, arresting 29 people, and filing 22 prosecution complaints, while one accused has been declared a fugitive economic offender, the Parliament was informed on Monday.

The government has brought virtual digital assets (VDAs) under the PMLA 2002, making virtual asset service providers (VASPs) reporting entities a

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