Indian enforcement agency searches Mudrex and Instadapp in crypto probe

India's Enforcement Directorate reportedly ran searches on crypto firms Mudrex and Instadapp (also named as Saber.money in one report) over alleged foreign crypto transfers. Reported figures vary: $525M, $585M, and Rs 5,000 crore.

Timeline

1. 29 Oct, 21:00 UTCFirst appeared on Google Trends
2. 29 Oct, 21:00 UTCPicked up on News
3. 29 Oct, 21:00 UTCNDTV Profit reports ED searches under FEMA
4. 29 Oct, 21:00 UTCFinance Magnates names Binance and Bybit in probe

Top sources

• binanceGoogle Trends
• India Names Binance and Bybit Among Foreign Platforms in $585M Crypto Remittance ProbeFinance Magnates
• ED Searches Mudrex, Saber.money Under FEMA Over Alleged Rs 5,000 Crore Crypto TransfersNDTV Profit