深潮TechFlow|Nov 12, 2026 10:20
[Indian Enforcement Agency Raids CoinDCX and Delta, Alleging Illegal Cross-Border Transactions] According to a report by CoinDesk on November 12th, the Indian Financial Crimes Enforcement Agency (ED) raided premises of cryptocurrency exchanges CoinDCX and Delta, accusing the two platforms of unauthorized cross-border transactions.
CoinDCX stated that ED personnel visited its Bangalore office on November 4th for a "routine inquiry," and the company has fully cooperated and provided the necessary information and support to the relevant authorities. The company emphasized that it is registered with the Financial Intelligence Unit of India (FIU-IND), complies with India's Foreign Exchange Control Act and customer identification, anti-money laundering, and reporting obligations, and that its platform's trading, deposit, and withdrawal functions are operating normally. Delta has not yet issued a public response.
Indian enforcement agencies typically investigate cross-border funds and foreign exchange violations under the Foreign Exchange Control Act and the Prevention of Money Laundering Act. As of the time of this report, publicly available information has not disclosed the amount of money involved in the search, whether any assets were seized, or whether any formal charges have been filed against the relevant platforms.
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