Cryptocurrency

CoinSwitch Kuber Under ED’s Lens on Suspicion of Violating Forex Laws

CoinSwitch Kuber Under ED’s Lens on Suspicion of Violating Forex Laws

India’s Enforcement Directorate (ED) raided five properties associated with CoinSwitch Kuber on August 25. The company, founded in 2017, is being probed to check if it acquired shares worth more than $250 million (roughly Rs. 1,997 crore) in contravention of forex laws.

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