[Indian Enforcement Directorate Uncovers Crypto Scam Network, Money Laundering Traced Back to 2015] The Indian Enforcement Directorate (ED) conducted raids on 21 residential and office locations across Karnataka, Maharashtra, and New Delhi as part of a money laundering investigation, uncovering a network of fake crypto investment platforms. The group has been operating since 2015, using celebrity images and fake trading websites to promise high returns, luring investors from India and abroad. They laundered funds through crypto wallets, P2P transfers, shell companies, and underground banking channels. (Currently implicated websites include goldbooker.com and cryptobrite.com), and officials have issued an investment risk warning.