[Indian Enforcement Agency Searches Locations Related to CoinDCX and Delta, Alleging Unauthorized Cross-Border Transactions] The Enforcement Agency of India (ED) Bangalore Division conducted searches of three locations associated with CoinDCX and Delta Exchange on November 4-5, pursuant to the Foreign Exchange Management Act (FEMA 1999). The ED alleges that the two platforms engaged in large-scale unauthorized cross-border financial transactions involving cryptocurrency derivatives and RWA token trading, with the total value of these transactions estimated at hundreds of billions of rupees.