WazirX Accounts Unfrozen by ED

WazirX is back in the game

What's the news?

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What Happened before?

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The Tables Turned

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What's the Scam about?

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Role of WazirX

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Is WazirX out of danger?

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CoinSwitch Kuber Turn

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We're on You Tube

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WazirX is back in the game

WazirX is back in the game

What's the news?

What's the news?

Last month Wazirx bank account holding 64.67 crores has been frozen by ED (Directorate of Enforcement) is now activated back again.

What Happened before?

What Happened before?

ED froze WazirX assets during its investigation. It highlighted the possible involvement of Wazirx in illegal money laundering activity.

The Tables Turned

The Tables Turned

Earlier Wazirx was accused of money laundering but because of its active cooperation, ED decided to unfreeze its bank accounts.

What's the Scam about?

What's the Scam about?

ED is searching for instant loan App companies in laundering of fraud money via purchase and transfer of virtual crypto assets.

Role of WazirX

Role of WazirX

It appears that the accused misused Wazirx services to send illegal money. The accounts have already red-flagged by the Wazirx team

Is WazirX out of danger?

Is WazirX out of danger?

Most likely yes. Wazirx has fully cooperated with ED & the accused accounts has been identified with no involvement of the WazirX team.

CoinSwitch Kuber Turn

CoinSwitch Kuber Turn

CoinSwitch Kuber was another exchange under investigation by ED. Like WazirX, it may also come out clean

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Also Read:

1..CoinSwitch Raid

1..CoinSwitch Raid

2..Top 5 NFT Coins

2..Top 5 NFT Coins

3..IIT Web3 Courses

3..IIT Web3 Courses

We're on You Tube

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