WazirX gets caught in a Money Laundering Wrangle, ED issues showcase notice

India’s largest cryptocurrency exchange WazirX has been served showcase notice by Enforcement Directorate (ED) on serious charges of facilitating money laundering. Although Techpluto does not have an access to the notice, reports claim that ED’s notice has signaled out WazirX for helping Chinese nationals in laundering money from Indian shores. The transaction that the ED…

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Bitmex owner & Bain Capital pump funds in Indian Crypto Platform

CoinDCX, one of India’s premium cryptocurrency exchanges, has secured $3 Mn funding from clutch of international investors in series A round. American investment major Bain Capital and Polychain Capital & HDR Global Trading (parent company of Bitmex) were among the primary participants in the investment round. CoinDCX receives $3Mn funding from a clutch of international investors…

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