Prolly somethin' https://www.thehansindia.com/news/n...sets-from-proceeds-of-crime-reveals-ed-756554 The Enforcement Directorate (ED) on Friday conducted searches at the premises of one of the directors of Zanmai Lab Pvt Ltd, which owns the popular cryptocurrency exchange WazirX, and issued an order to freeze its bank balances to the tune of Rs 64.67 crore. 1 crore = 1 crore (10 MM)
Looks like they were already money laundering without the exchange. Just normal criminal activity here. Nothing to see here folks, keep moving. Another idiot just blowing things out of proportion.
I'm so happy to see India working so well with Russia lately and also following in lock-step fashion with them. God bless them! (and China too)
serial con man, like most crypto scammers https://www.wsj.com/articles/before...s-known-for-big-ideas-and-battles-11659787202
Big difference. If Wells Fargo or HSBC gets caught laundering drug money, they don't freeze the account of every single customer.
Nope. I specifically picked banks that have already been caught. I wondered if anyone would notice that. They were already caught, and such seizure did not happen. There's a specific legal framework to protect bank deposits, unlike crypto exchanges. I am constantly amazed at the pro-crypro get rich quick scheme reality distortion field. It's as though various historical events have never happened and financial terms no longer have any commonly accepted meaning.