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ED Freezes Crypto Platform Vauld’s Assets Worth Nearly Rs. 370 Crore

Enforcement Directorate Freezes Crypto Platform Vauld’s Assets Worth Nearly Rs. 370 Crore: Details

India’s Enforcement Directorate (ED) on Thursday froze $46.5 million (roughly Rs. 369.5 crore) in assets at the struggling Singapore-based cryptocurrency exchange Vauld. The country’s economic crime unit on Friday said in a press release that the frozen assets were parked in bank accounts, payment gateway balances, and wallets on the Flipvolt crypto exchange. The ED said it had conducted searches at several premises linked to the company,…


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