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ED alleges CoinDCX routed Indian users’ trades abroad via a Costa Rican entity

ED raided the offices of CoinDCX operators over allegations that it routed Indian users' payments in rupees through an a...

ED raided the offices of CoinDCX operators over allegations that it routed Indian users' payments in rupees through an account held by a Costa Rican entity to execute stablecoins pegged US dollar trades on foreign crypto exchange. The post ED alleges CoinDCX routed Indian users’ trades abroad via a Costa Rican entity appeared first on MEDIANAMA.

SOURCE: MediaNama
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