Cryptocurrency
The Enforcement Directorate (ED) has seized a cryptocurrency worth 1,646 crore wanted accused in the US. Sources said that foreign nationals have also ‘invested’ in the bitcanes and the ‘main accused’ is under the scrutiny of federal officials in the US. The ED seized a cryptocurrency worth Rs 1,646 crore under the investigation of ‘Money Laundering’ in a fraud investment scheme. Giving this information, official sources said that many deposits were cheated in the name of securities investment.
Cash, car and several equipment seized
The ED’s Ahmedabad office has made a cash of Rs 13.50 lakh in cash, one vehicle and several after completing a new round of searches on Saturday in case related to ‘fraud’ and non -regional offer and sales related to the ED’s Ahmedabad office. Digital equipment seized. The case of ED registered under the Prevention of Money Laundering Act (PMLA) has started from the FIR of Surat Police Crime Branch, stating that the alleged fraud took place between November 2016 to January 2018 (after demonetisation). The agency deployed a team of technology experts who examined the ‘complex trap’ of transactions made in several crypto wallets to detect the original and controllers of these crypto wallets.
Transaction took place through ‘Dark Web’
Sources said that it was found that many transactions were done through ‘Dark Web’, so that they could not be detected. He said that the agency monitored ‘many’ web wallets and collected intelligence at the ground level to monitor the wallets and complexes where the said cryptocurrency digital equipment was available. Sources said that a cryptocurrency worth Rs 1,646 crore was seized and transferred to a special crypto wallet of the agency, causing this to investigate the big case of money laundering virtual digital assets to be the biggest ever seizure, which is still Continues. The agency had already seized assets worth Rs 489 crore in the case.
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