Indian Enforcement Agency Raids 19 Locations, Seizes Approximately ₹335 Million in Crypto Assets
The Indian Enforcement Directorate conducted searches at 19 locations from July 10 to 11 as part of a money laundering investigation related to online investment fraud and work-from-home scams. The raids took place in 16 locations in Tamil Nadu, 2 in Kerala, and 1 in Srinagar. During the operation, approximately ₹335 million in cryptocurrency, ₹145,000 in cash, and over ₹400,000 in bank accounts were frozen, along with the seizure of documents, electronic devices, and bank records.
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